MERCOSUR: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in MERCOSUR

The MERCOSUR homogenised jam and marmalade market declined to $X in 2022, reducing by -7.5% against the previous year. Over the period under review, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in MERCOSUR

In value terms, homogenised jam and marmalade production reduced slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of 15% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports in MERCOSUR

In 2022, shipments abroad of homogenised preparations of jams, fruit jellies and marmalades increased by 14% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 108%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 230% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the largest exporter of homogenised preparations of jams, fruit jellies and marmalades in MERCOSUR, with the volume of exports recording X tons, which was near 61% of total exports in 2022. Chile (X tons) ranks second in terms of the total exports with a 29% share, followed by Colombia (7.6%). Ecuador (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +41.0% from 2012 to 2022. At the same time, Chile (+42.6%) and Colombia (+9.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +42.6% from 2012-2022. By contrast, Ecuador (-5.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Chile increased by +39 and +29 percentage points, respectively.

In value terms, the largest homogenised jam and marmalade supplying countries in MERCOSUR were Chile ($X), Brazil ($X) and Colombia ($X), together accounting for 98% of total exports.

Chile, with a CAGR of +46.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, growing by 10% against the previous year. Overall, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2016 an increase of 79%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.0%), while the other leaders experienced a decline in the export price figures.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports in MERCOSUR

Homogenised jam and marmalade imports amounted to X tons in 2022, surging by 7.8% compared with 2021. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.8% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of 44% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 39%. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

The purchases of the four major importers of homogenised preparations of jams, fruit jellies and marmalades, namely Colombia, Peru, Chile and Ecuador, represented more than two-thirds of total import. The following importers - Guyana (X tons) and Brazil (X tons) - each resulted at a 6.5% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Colombia (with a CAGR of +34.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest homogenised jam and marmalade importing markets in MERCOSUR were Colombia ($X), Peru ($X) and Chile ($X), with a combined 69% share of total imports.

Colombia, with a CAGR of +33.5%, saw the highest growth rate of the value of imports, among the main importing countries 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 MERCOSUR stood at $X per ton in 2022, waning by -9.4% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The growth pace was the most rapid in 2021 when the import price increased by 18%. Over the period under review, import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform