
Latin America and the Caribbean - Frozen Vegetables and Mixtures of Vegetables (Excluding Dishes) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatin America and the Caribbean: Prepared Frozen Vegetable Market 2022
Prepared Frozen Vegetable Market Size in Latin America and the Caribbean
In 2020, after two years of growth, there was decline in the Latin American prepared frozen vegetable market, when its value decreased by -X% to $X. The total consumption indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2019, and then reduced modestly in the following year.
Prepared Frozen Vegetable Production in Latin America and the Caribbean
In value terms, prepared frozen vegetable production contracted to $X in 2020 estimated in export prices. The total production indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The level of production peaked at $X in 2019, and then shrank in the following year.
Production By Country in Latin America and the Caribbean
The countries with the highest volumes of prepared frozen vegetable production in 2020 were Mexico (X tons), Brazil (X tons) and Argentina (X tons), with a combined X% share of total production. These countries were followed by Colombia, Venezuela, Chile, Peru, Ecuador, the Dominican Republic, Cuba, Guatemala, Honduras and Bolivia, which together accounted for a further X 2007 to 2020, the biggest increases were in Peru, while prepared frozen vegetable production for the other leaders experienced more modest paces of growth.
Prepared Frozen Vegetable Exports
Exports in Latin America and the Caribbean
In 2020, exports of frozen vegetables and mixtures of vegetables (prepared or preserved) in Latin America and the Caribbean soared to X tons, growing by X% compared with the previous year. Total exports indicated strong growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2009 when exports increased by X% y-o-y. The volume of export peaked in 2020 and is likely to continue growth in the immediate term.
In value terms, prepared frozen vegetable exports fell to $X in 2020. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2019, and then fell in the following year.
Exports by Country
Mexico dominates prepared frozen vegetable exports structure, amounting to X tons, which was near X% of total exports in 2020. It was distantly followed by Honduras (X tons), committing a X% share of total exports.
From 2007 to 2020, average annual rates of growth with regard to prepared frozen vegetable exports from Mexico stood at +X%. At the same time, Honduras (+X%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Honduras (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mexico ($X) remains the largest prepared frozen vegetable supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Honduras ($X), with a X% share of total exports.
In Mexico, prepared frozen vegetable exports expanded at an average annual rate of +X% over the period from 2007-2020.
Export Prices by Country
The prepared frozen vegetable export price in Latin America and the Caribbean stood at $X per ton in 2020, falling by -X% against the previous year. Export price indicated a tangible expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The level of export peaked at $X per ton in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Honduras ($X per ton), while Mexico stood at $X per ton.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico.
Prepared Frozen Vegetable Imports
Imports in Latin America and the Caribbean
For the eleventh consecutive year, LatAmerica and the Caribbean recorded growth in overseas purchases of frozen vegetables and mixtures of vegetables (prepared or preserved), which increased by X% to X tons in 2020. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The volume of import peaked in 2020 and is likely to see gradual growth in the immediate term.
In value terms, prepared frozen vegetable imports amounted to $X in 2020. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in years to come.
Imports by Country
Brazil represented the main importer of frozen vegetables and mixtures of vegetables (prepared or preserved) in Latin America and the Caribbean, with the volume of imports resulting at X tons, which was near X% of total imports in 2020. Mexico (X tons) ranks second in terms of the total imports with a X% share, followed by Jamaica (X%). Chile (X tons), Panama (X tons), Suriname (X tons), Costa Rica (X tons), Trinidad and Tobago (X tons), Uruguay (X tons), Colombia (X tons) and Argentina (X tons) took a little share of total imports.
From 2007 to 2020, average annual rates of growth with regard to prepared frozen vegetable imports into Brazil stood at +X%. At the same time, Chile (+X%), Uruguay (+X%), Colombia (+X%), Suriname (+X%), Costa Rica (+X%), Mexico (+X%), Trinidad and Tobago (+X%), Jamaica (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Panama (-X%) illustrated a downward trend over the same period. While the share of Brazil (+X p.p.) and Chile (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Mexico (-X p.p.), Jamaica (-X p.p.) and Panama (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest prepared frozen vegetable importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Jamaica ($X), together comprising X% of total imports. These countries were followed by Chile, Panama, Uruguay, Costa Rica, Trinidad and Tobago, Colombia, Suriname and Argentina, which together accounted for a further X terms of the main importing countries, Chile recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2020, the prepared frozen vegetable import price in Latin America and the Caribbean amounted to $X per ton, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Uruguay ($X per ton), while Jamaica ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Panama, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
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This report provides an in-depth analysis of the prepared frozen vegetable market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 10391740 - Frozen vegetables and mixtures of vegetables (excluding prepared vegetable dishes, frozen vegetables and mixtures of vegetables uncooked or cooked by steaming or boiling in water, or preserved by vinegar or acetic acid)
Country coverage:
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Latin America and the Caribbean, split by region and country
- Trade (exports and imports) in Latin America and the Caribbean
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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