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

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

In 2021, after two years of growth, there was decline in the Uruguayan market for jams, jellies, puree and pastes, when its value decreased by -2.6% to $X. Overall, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Production of Jams, Jellies, Puree And Pastes in Uruguay

In value terms, jam, jelly, puree and paste production dropped to $X in 2021 estimated in export price. In general, production, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then declined in the following year.

Exports of Jams, Jellies, Puree And Pastes

Exports from Uruguay

In 2021, shipments abroad of jams, jellies, puree and pastes increased by 31% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a noticeable contraction. The growth pace was the most rapid in 2017 with an increase of 149%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, jam, jelly, puree and paste exports rose rapidly to $X in 2021. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 38%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Spain (X tons) and Canada (X tons) were the main destinations of jam, jelly, puree and paste exports from Uruguay, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +29.7%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Uruguay, comprising 65% of total exports. The second position in the ranking was taken by Spain ($X), with a 30% share of total exports. It was followed by Canada, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+27.3% per year) and Canada (-7.4% per year).

Export Prices by Country

In 2021, the average export price for jams, jellies, puree and pastes amounted to $X per ton, which is down by -14.9% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 72% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Jams, Jellies, Puree And Pastes

Imports into Uruguay

In 2021, purchases abroad of jams, jellies, puree and pastes was finally on the rise to reach X tons after two years of decline. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 48%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, jam, jelly, puree and paste imports surged to $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 35% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Chile (X tons) constituted the largest supplier of jam, jelly, puree and paste to Uruguay, with a 46% share of total imports. Moreover, jam, jelly, puree and paste imports from Chile exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was taken by Argentina (X tons), with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from Chile stood at +36.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+7.2% per year) and Argentina (-4.0% per year).

In value terms, Chile ($X), Brazil ($X) and Argentina ($X) appeared to be the largest jam, jelly, puree and paste suppliers to Uruguay, with a combined 80% share of total imports.

Among the main suppliers, Chile, with a CAGR of +27.6%, recorded the highest growth rate of 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

The average import price for jams, jellies, puree and pastes stood at $X per ton in 2021, remaining constant against the previous year. Overall, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2013 an increase of 30%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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