Uruguay: Dried Vegetables Market 2024

Dried Vegetables Market Size in Uruguay

The Uruguayan dried vegetables market reduced to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded a measured increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Dried Vegetables Production in Uruguay

In value terms, dried vegetables production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Dried Vegetables Exports

Exports from Uruguay

Dried vegetables exports from Uruguay rose remarkably to X tons in 2022, increasing by X% compared with 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2019 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 years to come.

In value terms, dried vegetables exports shrank to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Argentina (X tons) was the main destination for dried vegetables exports from Uruguay, with a X% share of total exports. Moreover, dried vegetables exports to Argentina exceeded the volume sent to the second major destination, Paraguay (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and the United States (X% per year).

In value terms, the largest markets for dried vegetables exported from Uruguay were Paraguay ($X), Argentina ($X) and the United States ($X).

Paraguay, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dried vegetables export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price showed a perceptible downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Dried Vegetables Imports

Imports into Uruguay

In 2022, purchases abroad of dried vegetables and mixtures of vegetables decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, dried vegetables imports reduced to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of dried vegetables to Uruguay, accounting for a X% share of total imports. Moreover, dried vegetables imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of dried vegetables and mixtures of vegetables to Uruguay, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2022, the average dried vegetables import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :