Latin America and the Caribbean: Temporarily Preserved Vegetable Market 2020

Temporarily Preserved Vegetable Market Size in Latin America and the Caribbean

The revenue of the temporarily preserved vegetable market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The temporarily preserved vegetable consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, when market value increased by X% year-to-year. In that year, the temporarily preserved vegetable market reached their peak level, and is likely to continue its growth in the immediate term.

Temporarily Preserved Vegetable Production in Latin America and the Caribbean

The temporarily preserved vegetable production stood at X tons in 2017, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Over the period under review, the temporarily preserved vegetable production attained its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Temporarily Preserved Vegetable Exports in Latin America and the Caribbean

In 2017, approx. X tons of vegetables (temporarily preserved) were exported in Latin America and the Caribbean; waning by -X% against the previous year. The total exports indicated a modest expansion from 2007 to 2017: its volume 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 temporarily preserved vegetable exports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2014, when exports increased by X% against the previous year. Over the period under review, the temporarily preserved vegetable exports reached its peak figure volume of X tons in 2016, and then declined slightly in the following year.

In value terms, temporarily preserved vegetable exports stood at $X in 2017. The temporarily preserved vegetable exports continue to indicate a mild downturn. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Temporarily Preserved Vegetable Exports by Country in Latin America and the Caribbean

Mexico represented the main exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Colombia (X tons), Honduras (X tons) and the Dominican Republic (X tons), together constituting X% share of total exports. Chile (X tons), Peru (X tons) and Brazil (X tons) followed a long way behind the leaders.

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Chile (+X%), Honduras (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, the Dominican Republic (-X%), Brazil (-X%) and Peru (-X%) illustrated a downward trend over the same period. Peru (X%) and Brazil (X%) significantly strengthened its position in terms of the global exports, while Chile, Honduras and Mexico saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, temporarily preserved vegetable exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Colombia (+X% per year) and Honduras (+X% per year).

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

The temporarily preserved vegetable export price in Latin America and the Caribbean stood at $X per ton in 2017, lowering by -X% against the previous year. The temporarily preserved vegetable export price continues to indicate a measured setback. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% y-o-y. Over the period under review, the export prices for vegetables (temporarily preserved) attained its peak figure level of $X per ton in 2007; however, from 2008 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 Brazil ($X per ton), while Mexico ($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 Peru (+X% per year), while the other leaders experienced more modest paces of growth.

Temporarily Preserved Vegetable Imports in Latin America and the Caribbean

In 2017, temporarily preserved vegetable imports in Latin America and the Caribbean stood at X tons, growing by X% against the previous year. The temporarily preserved vegetable imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. Over the period under review, the temporarily preserved vegetable imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, temporarily preserved vegetable imports totaled $X in 2017. The temporarily preserved vegetable imports continue to indicate a remarkable growth. In that year, the temporarily preserved vegetable imports reached their peak level of $X. From 2014 to 2017, growth of the temporarily preserved vegetable imports stood at a somewhat lower level.

Temporarily Preserved Vegetable Imports by Country in Latin America and the Caribbean

Brazil was the largest importer of vegetables (temporarily preserved) in Latin America and the Caribbean, with the volume of imports reaching X tons, which was near X% of total imports in 2017. It was distantly followed by Chile (X tons), generating X% share of total imports. The following importers - Colombia (X tons), Argentina (X tons), Guatemala (X tons), Mexico (X tons) and the Dominican Republic (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to temporarily preserved vegetable imports into Brazil stood at +X%. At the same time, Argentina (+X%), Colombia (+X%), the Dominican Republic (+X%), Guatemala (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. By contrast, Mexico (-X%) illustrated a downward trend over the same period. While the share of Guatemala (-X%), Colombia (-X%), Argentina (-X%), Chile (-X%) and Brazil (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported vegetables (temporarily preserved) in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Brazil stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Mexico (+X% per year).

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

The temporarily preserved vegetable import price in Latin America and the Caribbean stood at $X per ton in 2017, 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 2013, an increase of X% y-o-y. In that year, the import prices for vegetables (temporarily preserved) attained their peak level of $X per ton. From 2014 to 2017, growth of the import prices for vegetables (temporarily preserved) failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Mexico ($X per ton), while Colombia ($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 Chile (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform