MERCOSUR: Market for Nuts (Prepared Or Preserved) 2025

Market Size for Nuts (Prepared Or Preserved) in MERCOSUR

The MERCOSUR nuts (prepared or preserved) market contracted modestly to $X in 2021, waning by -3% against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Nuts (Prepared Or Preserved) in MERCOSUR

In value terms, nuts (prepared or preserved) production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by 15% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Nuts (Prepared Or Preserved)

Exports in MERCOSUR

After two years of decline, shipments abroad of nuts (prepared or preserved) increased by 1.7% to X tons in 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 47%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, nuts (prepared or preserved) exports soared to $X in 2021. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by 27% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Brazil (X tons), Chile (X tons), Uruguay (X tons), Argentina (X tons), Colombia (X tons) and Ecuador (X tons) represented the main exporter of nuts (prepared or preserved) in MERCOSUR, constituting 96% of total export. Peru (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Colombia (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest nuts (prepared or preserved) supplying countries in MERCOSUR were Chile ($X), Brazil ($X) and Argentina ($X), with a combined 70% share of total exports. Colombia, Uruguay, Ecuador and Peru lagged somewhat behind, together comprising a further 30%.

Colombia, with a CAGR of +33.6%, recorded the highest growth rate of 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

The export price in MERCOSUR stood at $X per ton in 2021, increasing by 18% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by 21%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+11.2%), while the other leaders experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports in MERCOSUR

In 2021, after two years of decline, there was significant growth in purchases abroad of nuts (prepared or preserved), when their volume increased by 25% to X tons. Total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 64%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, nuts (prepared or preserved) imports skyrocketed to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil was the largest importer of nuts (prepared or preserved) in MERCOSUR, with the volume of imports reaching X tons, which was approx. 35% of total imports in 2021. Chile (X tons) ranks second in terms of the total imports with a 17% share, followed by Colombia (13%), Argentina (10%) and Peru (7.9%). The following importers - Ecuador (X tons) and Uruguay (X tons) - each reached an 8.7% share of total imports.

Imports into Brazil increased at an average annual rate of +10.6% from 2012 to 2021. At the same time, Colombia (+14.6%), Uruguay (+9.9%), Chile (+8.5%), Peru (+7.9%), Argentina (+3.3%) and Ecuador (+1.3%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +14.6% from 2012-2021. Brazil (+14 p.p.), Colombia (+7.3 p.p.), Chile (+4.9 p.p.), Peru (+1.9 p.p.) and Uruguay (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Colombia ($X) were the countries with the highest levels of imports in 2021, together accounting for 64% of total imports.

Colombia, with a CAGR of +15.2%, saw the highest growth rate of the value of imports, in terms of 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 2021, rising by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2015 when the import price increased by 18% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Colombia ($X per ton), while Brazil ($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 (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform