Bolivia: Vegetable Product Market 2025

Vegetable Product Market Size in Bolivia

The Bolivian vegetable product market stood at $X in 2022, approximately mirroring the previous year. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.2% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Vegetable Product Production in Bolivia

In value terms, vegetable product production totaled $X in 2022 estimated in export price. Overall, production saw a prominent expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 802%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of vegetable products in Bolivia stood at X tons per ha in 2022, remaining relatively unchanged against the previous year's figure. The yield figure increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 10% against the previous year. Over the period under review, the average vegetable product yield reached the maximum level at X tons per ha in 2018; however, from 2019 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable product harvested area in Bolivia fell slightly to X ha in 2022, approximately reflecting the previous year. The harvested area increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 7.6%. Over the period under review, the harvested area dedicated to vegetable product production attained the peak figure at X ha in 2021, and then reduced slightly in the following year.

Vegetable Product Exports

Exports from Bolivia

In 2022, the amount of vegetable products exported from Bolivia skyrocketed to X tons, picking up by 26% compared with 2021 figures. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,327%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, vegetable product exports totaled $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,058% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Brazil (X tons) was the main destination for vegetable product exports from Bolivia, with a 99% share of total exports. It was followed by the United States (X kg), with a 1% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Brazil amounted to +376.7%.

In value terms, Brazil ($X) remains the key foreign market for vegetable products exports from Bolivia, comprising 99% of total exports. The second position in the ranking was taken by the United States ($X), with a 1.3% share of total exports.

From 2014 to 2022, the average annual growth rate of value to Brazil amounted to +332.5%.

Export Prices by Country

In 2022, the average vegetable product export price amounted to $X per ton, with a decrease of -8.9% against the previous year. In general, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 86%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Brazil stood at $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+42.1%).

Vegetable Product Imports

Imports into Bolivia

For the fifth consecutive year, Bolivia recorded growth in overseas purchases of vegetable products, which increased by 94% to X tons in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2019 with an increase of 1,460% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, vegetable product imports reduced to $X in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 2,547%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of vegetable product to Bolivia, with a 86% share of total imports. Moreover, vegetable product imports from Mexico exceeded the figures recorded by the second-largest supplier, Paraguay (X tons), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Mexico amounted to +41.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+17.4% per year) and Colombia (0.0% per year).

In value terms, Mexico ($X) constituted the largest supplier of vegetable products to Bolivia, comprising 86% of total imports. The second position in the ranking was taken by Paraguay ($X), with a 9.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Mexico stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Paraguay (+15.0% per year) and Colombia (0.0% per year).

Import Prices by Country

In 2022, the average vegetable product import price amounted to $X per ton, shrinking by -49.2% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The growth pace was the most rapid in 2016 when the average import price increased by 309% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform