Latin America and the Caribbean: Mandarin And Clementine Market 2024

Mandarin And Clementine Market Size in Latin America and the Caribbean

The Latin American mandarin and clementine market stood at $X in 2022, flattening at the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.2% against 2012 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Mandarin And Clementine Production in Latin America and the Caribbean

In value terms, mandarin and clementine production amounted to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Peru (X tons) and Mexico (X tons), together accounting for 58% of total production. Argentina, Colombia, Bolivia, Chile and Venezuela lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +12.6%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average mandarin and clementine yield in Latin America and the Caribbean contracted modestly to X tons per ha, with a decrease of -1.9% against the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 3.9% against the previous year. As a result, the yield reached the peak level of X tons per ha, and then contracted modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of tangerines, mandarins, clementines, satsumas production in Latin America and the Caribbean reduced slightly to X ha, remaining relatively unchanged against the previous year's figure. The harvested area increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the harvested area increased by 7.3% against the previous year. The level of harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

Mandarin And Clementine Exports

Exports in Latin America and the Caribbean

After two years of growth, shipments abroad of tangerines, mandarins, clementines, satsumas decreased by -12.5% to X tons in 2022. Total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, mandarin and clementine exports rose modestly to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -5.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 36%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Peru (X tons) was the largest exporter of tangerines, mandarins, clementines, satsumas, committing 55% of total exports. Chile (X tons) held a 30% share (based on physical terms) of total exports, which put it in second place, followed by Uruguay (8.3%) and Argentina (6.7%).

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of +11.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) remains the largest mandarin and clementine supplier in Latin America and the Caribbean, comprising 68% of total exports. The second position in the ranking was held by Chile ($X), with a 21% share of total exports. It was followed by Uruguay, with a 6.5% share.

In Peru, mandarin and clementine exports expanded at an average annual rate of +16.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (+4.6% per year) and Uruguay (-0.6% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, surging by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+4.9%), while the other leaders experienced a decline in the export price figures.

Mandarin And Clementine Imports

Imports in Latin America and the Caribbean

After three years of growth, supplies from abroad of tangerines, mandarins, clementines, satsumas decreased by -21.2% to X tons in 2022. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 40% against the previous year. The volume of import peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, mandarin and clementine imports declined to $X in 2022. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2017 when imports increased by 35%. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Brazil represented the main importing country with an import of about X tons, which reached 30% of total imports. Paraguay (X tons) took a 14% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (13%), Panama (6.8%), Guatemala (4.8%), the Dominican Republic (4.7%), Colombia (4.6%) and Costa Rica (4.5%).

From 2012 to 2022, average annual rates of growth with regard to mandarin and clementine imports into Brazil stood at +5.3%. At the same time, the Dominican Republic (+274.0%), Paraguay (+45.6%), Mexico (+14.5%), Panama (+14.3%), Guatemala (+6.0%) and Costa Rica (+4.0%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +274.0% from 2012-2022. By contrast, Colombia (-8.0%) illustrated a downward trend over the same period. While the share of Paraguay (+13 p.p.), Panama (+6.8 p.p.), Mexico (+6.8 p.p.) and the Dominican Republic (+4.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (-4.3 p.p.) and Colombia (-15.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and the Dominican Republic ($X) constituted the countries with the highest levels of imports in 2022, together comprising 55% of total imports.

Among the main importing countries, the Dominican Republic, with a CAGR of +316.6%, saw 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

The import price in Latin America and the Caribbean stood at $X per ton in 2022, increasing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while Paraguay ($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 Dominican Republic (+11.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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