MERCOSUR: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in MERCOSUR

In 2021, the MERCOSUR market for jams, jellies, puree and pastes increased by 3% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 5.9%. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Jams, Jellies, Puree And Pastes in MERCOSUR

In value terms, jam, jelly, puree and paste production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 8.3%. As a result, production reached the peak level of $X, and then reduced modestly in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports in MERCOSUR

In 2021, shipments abroad of jams, jellies, puree and pastes decreased by -0.9% to X tons, falling for the fourth consecutive year after two years of growth. Overall, exports saw a mild reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 16% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, jam, jelly, puree and paste exports declined to $X in 2021. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in 2017 when exports increased by 8.6%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile was the key exporting country with an export of around X tons, which amounted to 64% of total exports. Ecuador (X tons) held an 18% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (8.3%) and Brazil (5.8%). Peru (X tons) and Colombia (X tons) held a little share of total exports.

Exports from Chile decreased at an average annual rate of -2.6% from 2012 to 2021. At the same time, Brazil (+6.9%), Colombia (+5.4%), Ecuador (+5.1%) and Peru (+4.6%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +6.9% from 2012-2021. By contrast, Argentina (-3.7%) illustrated a downward trend over the same period. Ecuador (+7.5 p.p.) and Brazil (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while Argentina and Chile saw its share reduced by -2.3% and -9.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest jam, jelly, puree and paste supplier in MERCOSUR, comprising 63% of total exports. The second position in the ranking was held by Ecuador ($X), with a 14% share of total exports. It was followed by Argentina, with an 8.4% share.

From 2012 to 2021, the average annual growth rate of value in Chile amounted to -5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Ecuador (+3.5% per year) and Argentina (-6.4% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, falling by -1.6% against the previous year. In general, the export price saw a perceptible decrease. The growth pace was the most rapid in 2013 an increase of 2% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Colombia ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+1.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Jams, Jellies, Puree And Pastes

Imports in MERCOSUR

After two years of decline, purchases abroad of jams, jellies, puree and pastes increased by 64% to X tons in 2021. Total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, jam, jelly, puree and paste imports skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Chile (X tons), distantly followed by Argentina (X tons), Colombia (X tons), Ecuador (X tons), Brazil (X tons) and Peru (X tons) represented the main importers of jams, jellies, puree and pastes, together mixing up 89% of total imports. Paraguay (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Chile (with a CAGR of +15.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jam, jelly, puree and paste importing markets in MERCOSUR were Chile ($X), Brazil ($X) and Colombia ($X), with a combined 59% share of total imports.

In terms of the main importing countries, Chile, with a CAGR of +13.1%, 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

In 2021, the import price in MERCOSUR amounted to $X per ton, with a decrease of -6.3% against the previous year. Overall, the import price continues to indicate a slight slump. The pace of growth was the most pronounced in 2020 when the import price increased by 11% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+2.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform