Latin America and the Caribbean: Quince Market 2025

Quince Market Size in Latin America and the Caribbean

The Latin American quince market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Quince Production in Latin America and the Caribbean

In value terms, quince production dropped slightly to $X in 2022 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.1% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of 55% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The country with the largest volume of quince production was Argentina (X tons), comprising approx. 65% of total volume. Moreover, quince production in Argentina exceeded the figures recorded by the second-largest producer, Mexico (X tons), fivefold. Peru (X tons) ranked third in terms of total production with an 11% share.

From 2012 to 2022, the average annual growth rate of volume in Argentina was relatively modest. In the other countries, the average annual rates were as follows: Mexico (-0.5% per year) and Peru (-0.6% per year).

In 2022, the average yield of quinces in Latin America and the Caribbean reached X tons per ha, standing approx. at the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by 7.5%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the quince yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of quinces were harvested in Latin America and the Caribbean; growing by 2.9% compared with the year before. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 3.8% against the previous year. The level of harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Quince Exports

Exports in Latin America and the Caribbean

Quince exports soared to X tons in 2022, increasing by 46% on 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 54%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, quince exports surged to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 58% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile represented the main exporting country with an export of about X tons, which finished at 80% of total exports. It was distantly followed by Argentina (X tons), making up a 19% share of total exports.

Exports from Chile decreased at an average annual rate of -1.9% from 2012 to 2022. At the same time, Argentina (+5.9%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +5.9% from 2012-2022. From 2012 to 2022, the share of Argentina increased by +9.3 percentage points.

In value terms, Chile ($X) remains the largest quince supplier in Latin America and the Caribbean, comprising 87% of total exports. The second position in the ranking was held by Argentina ($X), with a 12% share of total exports.

In Chile, quince exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, dropping by -16.3% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Argentina stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.0%).

Quince Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of quinces decreased by -17.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2017 when imports increased by 351% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, quince imports declined remarkably to $X in 2022. Over the period under review, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2017 when imports increased by 250%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Dominican Republic was the major importer of quinces in Latin America and the Caribbean, with the volume of imports recording X tons, which was near 67% of total imports in 2022. It was distantly followed by Brazil (X tons), generating a 27% share of total imports. Guatemala (X tons) and Bahamas (X tons) held a little share of total imports.

The Dominican Republic was also the fastest-growing in terms of the quinces imports, with a CAGR of +44.4% from 2012 to 2022. At the same time, Bahamas (+6.8%) displayed positive paces of growth. By contrast, Brazil (-11.6%) and Guatemala (-11.8%) illustrated a downward trend over the same period. The Dominican Republic (+66 p.p.) significantly strengthened its position in terms of the total imports, while Guatemala and Brazil saw its share reduced by -4.9% and -46.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported quinces in Latin America and the Caribbean, comprising 66% of total imports. The second position in the ranking was held by Brazil ($X), with a 25% share of total imports. It was followed by Bahamas, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value in the Dominican Republic amounted to +37.2%. In the other countries, the average annual rates were as follows: Brazil (-13.5% per year) and Bahamas (+13.9% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price showed a perceptible slump. The pace of growth appeared the most rapid in 2018 an increase of 39% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bahamas ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahamas (+6.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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