MERCOSUR: Pulses Market 2024

Pulses Market Size in MERCOSUR

The MERCOSUR pulses market totaled $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Pulses Production in MERCOSUR

In value terms, pulses production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Brazil (X tons) remains the largest pulses producing country in MERCOSUR, comprising approx. X% of total volume. Moreover, pulses production in Brazil exceeded the figures recorded by the second-largest producer, Argentina (X tons), threefold. The third position in this ranking was held by Peru (X tons), with a X% share.

In Brazil, pulses production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Peru (X% per year).

The average pulses yield totaled X tons per ha in 2022, remaining constant against the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. The level of yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of pulses were harvested in MERCOSUR; stabilizing at the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2015 to 2022, the growth of the pulses harvested area failed to regain momentum.

Pulses Exports

Exports in MERCOSUR

In 2022, approx. X tons of pulses were exported in MERCOSUR; growing by X% on 2021 figures. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, pulses exports reduced to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Argentina represented the key exporter of pulses in MERCOSUR, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Brazil (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Peru (X%). The following exporters - Venezuela (X tons) and Ecuador (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to pulses exports from Argentina stood at X%. At the same time, Venezuela (X%), Brazil (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Peru (X%) illustrated a downward trend over the same period. Brazil (X p.p.) and Venezuela (X p.p.) significantly strengthened its position in terms of the total exports, while Peru and Argentina saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest pulses supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

In Argentina, pulses exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Pulses Imports

Imports in MERCOSUR

In 2022, supplies from abroad of pulses decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pulses imports expanded rapidly to $X in 2022. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of pulses imports in 2022 were Colombia (X tons), Brazil (X tons) and Peru (X tons), together resulting at X% of total import. Venezuela (X tons) ranks next in terms of the total imports with a X% share, followed by Chile (X%) and Ecuador (X%).

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

In value terms, the largest pulses importing markets in MERCOSUR were Colombia ($X), Brazil ($X) and Peru ($X), with a combined X% share of total imports. Venezuela, Ecuador and Chile lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ecuador, with a CAGR of X%, recorded 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 2022, the import price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform