Latin America and the Caribbean: Sugar-Coated Goods Market 2020

Sugar-Coated Goods Market Size in Latin America and the Caribbean

The revenue of the sugar-coated goods market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The total market indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sugar-coated goods consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. Over the period under review, the sugar-coated goods market reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

Sugar-Coated Goods Production in Latin America and the Caribbean

In 2017, the amount of sugar-coated (panned) goods produced in Latin America and the Caribbean totaled X tons, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. The volume of sugar-coated goods production peaked in 2017, and is likely to see steady growth in the near future.

Sugar-Coated Goods Exports in Latin America and the Caribbean

In 2017, the amount of sugar-coated (panned) goods exported in Latin America and the Caribbean totaled X tons, reducing by -X% against the previous year. The sugar-coated goods exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, sugar-coated goods exports amounted to $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar-Coated Goods Exports by Country in Latin America and the Caribbean

Mexico was the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Colombia (X tons), Brazil (X tons) and Guatemala (X tons), together constituting X% share of total exports. Argentina (X tons), El Salvador (X tons) and Ecuador (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to sugar-coated goods exports from Mexico stood at +X%. At the same time, El Salvador (+X%) and Ecuador (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Guatemala experienced a relatively flat trend pattern. By contrast, Brazil (-X%), Colombia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Argentina, Colombia and Brazil increased by X%, X% and X% percentage points, while El Salvador (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest sugar-coated goods supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Brazil, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-X% per year) and Brazil (-X% per year).

Sugar-Coated Goods Export Prices by Country in Latin America and the Caribbean

In 2017, the sugar-coated goods export price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the export prices for sugar-coated (panned) goods attained its maximum level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Ecuador ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar-Coated Goods Imports in Latin America and the Caribbean

In 2017, sugar-coated goods imports in Latin America and the Caribbean amounted to X tons, jumping by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, sugar-coated goods imports amounted to $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the sugar-coated goods imports increased by +X% against 2015 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar-Coated Goods Imports by Country in Latin America and the Caribbean

In 2017, Venezuela (X tons) and Mexico (X tons) were the key importers of sugar-coated (panned) goods in the globe, together finishing at approx. X% of total imports. Chile (X tons) took the second position in the ranking, followed by Peru (X tons), Honduras (X tons), Nicaragua (X tons) and Ecuador (X tons). All these countries together occupied approx. X% share of total imports. Bolivia (X tons), Paraguay (X tons), Guatemala (X tons), the Dominican Republic (X tons) and Brazil (X tons) held the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Peru (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sugar-coated goods markets worldwide were Venezuela ($X), Mexico ($X) and Chile ($X), with a combined X% share of total imports. These countries were followed by the Dominican Republic, Peru, Honduras, Ecuador, Brazil, Guatemala, Nicaragua, Paraguay and Bolivia, which together accounted for a further X%.

Peru (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Sugar-Coated Goods Import Prices by Country in Latin America and the Caribbean

In 2017, the sugar-coated goods import price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for sugar-coated (panned) goods attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Dominican Republic ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bolivia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform