MERCOSUR: Vegetable Market 2025

Vegetable Market Size in MERCOSUR

The MERCOSUR vegetable market reduced modestly to $X in 2022, stabilizing at the previous year. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Vegetable Production in MERCOSUR

In value terms, vegetable production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Peru (X tons) and Argentina (X tons), together accounting for X% of total production. Colombia, Chile, Venezuela and Ecuador lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average vegetable yield reduced modestly to X tons per ha in 2022, leveling off at 2021 figures. Overall, the yield, however, recorded a mild increase. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. Over the period under review, the vegetable yield attained the peak level at X tons per ha in 2021, and then declined modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the vegetable harvested area in MERCOSUR totaled X ha, leveling off at 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area stood at a somewhat lower figure.

Vegetable Exports

Exports in MERCOSUR

In 2022, overseas shipments of vegetables decreased by X% to X tons, falling for the second year in a row after three years of growth. Total exports indicated a notable 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. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, vegetable exports contracted notably to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted notably in the following year.

Exports by Country

The shipments of the three major exporters of vegetables, namely Peru, Brazil and Argentina, represented more than two-thirds of total export. It was distantly followed by Chile (X tons), creating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Peru amounted to X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained 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 Chile (X%), while the other leaders experienced a decline in the export price figures.

Vegetable Imports

Imports in MERCOSUR

Vegetable imports expanded markedly to X tons in 2022, surging by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vegetable imports totaled $X in 2022. In general, imports recorded a mild expansion. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil was the key importer of vegetables in MERCOSUR, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Paraguay (X tons) ranks second in terms of the total imports with a X% share, followed by Colombia (X%) and Chile (X%). The following importers - Argentina (X tons), Ecuador (X tons) and Guyana (X tons) - together made up X% of total imports.

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

In value terms, Brazil ($X) constitutes the largest market for imported vegetables in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports. It was followed by Paraguay, with a X% share.

From 2012 to 2022, 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: Colombia (X% per year) and Paraguay (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. The level of import peaked 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 Ecuador ($X per ton), while Paraguay ($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