Latin America and the Caribbean: Preserved Vegetable Market 2020

Preserved Vegetable Exports in Latin America and the Caribbean

In 2017, the amount of vegetables (preserved) exported in Latin America and the Caribbean totaled X tons, dropping by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2013, when exports increased by X% against the previous year. Over the period under review, the preserved vegetable exports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, preserved vegetable exports totaled $X in 2017. The preserved vegetable exports continue to indicate a strong increase. Over the period under review, the preserved vegetable exports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Preserved Vegetable Exports by Country in Latin America and the Caribbean

In 2017, Argentina (X tons) represented the major exporter for vegetables (preserved), making up X% of total exports. It was distantly followed by Mexico (X tons), creating X% share of total exports.

Argentina was also the fastest growing in terms of the vegetables (preserved) exports, with a CAGR of +X% from 2007 to 2017. At the same time, Mexico (+X%) displayed positive paces of growth. While the share of Mexico (-X%) and Argentina (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest preserved vegetable supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports.

In Argentina, preserved vegetable exports expanded at an average annual rate of +X% over the period from 2007-2017.

Preserved Vegetable Export Prices by Country in Latin America and the Caribbean

The preserved vegetable export price in Latin America and the Caribbean stood at $X per ton in 2017, therefore, remained relatively stable against the previous year. The export price indicated a remarkable increase from 2007 to 2017: its price 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 preserved vegetable export price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. The level of export price peaked of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per ton), while Argentina ($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 Mexico (+X% per year).

Preserved Vegetable Imports in Latin America and the Caribbean

In 2017, preserved vegetable imports in Latin America and the Caribbean totaled X tons, approximately mirroring the previous year. The preserved vegetable imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the preserved vegetable imports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, preserved vegetable imports amounted to $X in 2017. The preserved vegetable imports continue to indicate a strong increase. Over the period under review, the preserved vegetable imports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Preserved Vegetable Imports by Country in Latin America and the Caribbean

Brazil was the largest importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Mexico (X tons), Chile (X tons) and Colombia (X tons), together mixed up X% share of total imports. The following importers - Peru (X tons), Costa Rica (X tons), Uruguay (X tons), Guatemala (X tons), the Dominican Republic (X tons), Panama (X tons), Trinidad and Tobago (X tons) and Honduras (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to preserved vegetable imports into Brazil stood at +X%. At the same time, Colombia (+X%), Chile (+X%), the Dominican Republic (+X%), Uruguay (+X%), Peru (+X%), Honduras (+X%), Costa Rica (+X%), Guatemala (+X%), Panama (+X%), Trinidad and Tobago (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Costa Rica, the Dominican Republic, Uruguay, Peru, Colombia, Mexico, Chile and Brazil decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest preserved vegetable markets worldwide were Brazil ($X), Mexico ($X) and Chile ($X), with a combined X% share of total imports. Colombia, Peru, Guatemala, Costa Rica, Uruguay, the Dominican Republic, Panama, Honduras and Trinidad and Tobago lagged somewhat behind, together accounting for a further X%.

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

Preserved Vegetable Import Prices by Country in Latin America and the Caribbean

The preserved vegetable import price in Latin America and the Caribbean stood at $X per ton in 2017, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the import prices for vegetables (preserved) attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Guatemala ($X per ton) and Mexico ($X per ton), while Peru ($X per ton) and Colombia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform