Uruguay: Fruit Market 2024

Fruit Market Size in Uruguay

The Uruguayan fruit market reached $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2015; afterwards, it flattened through to 2022.

Fruit Production in Uruguay

In value terms, fruit production contracted slightly to $X in 2022 estimated in export price. Overall, production showed a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

The average yield of fruits in Uruguay shrank to X tons per ha in 2022, waning by X% compared with the previous year. Over the period under review, the yield continues to indicate a slight curtailment. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the average fruit yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit harvested area in Uruguay reduced modestly to X ha in 2022, which is down by X% compared with the previous year's figure. Overall, the harvested area recorded a slight shrinkage. The growth pace was the most rapid in 2013 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the fruit harvested area remained at a somewhat lower figure.

Fruit Exports

Exports from Uruguay

In 2022, exports of fruits from Uruguay dropped notably to X tons, which is down by X% against 2021. Over the period under review, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then declined notably in the following year.

In value terms, fruit exports shrank markedly to $X in 2022. Overall, exports showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

The United States (X tons) was the main destination for fruit exports from Uruguay, with a X% share of total exports. Moreover, fruit exports to the United States exceeded the volume sent to the second major destination, Brazil (X tons), threefold. The third position in this ranking was held by Spain (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Spain (X% per year).

In value terms, the United States ($X) remains the key foreign market for fruits exports from Uruguay, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the average fruit export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price recorded a slight contraction. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Spain ($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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit Imports

Imports into Uruguay

In 2022, after two years of growth, there was decline in supplies from abroad of fruits, when their volume decreased by X% to X tons. 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 in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, fruit imports soared to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest fruit supplier to Uruguay, accounting for a X% share of total imports. Moreover, fruit imports from Brazil exceeded the figures recorded by the second-largest supplier, Ecuador (X tons), twofold. Paraguay (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and Paraguay (X% per year).

In value terms, Brazil ($X), Ecuador ($X) and Chile ($X) were the largest fruit suppliers to Uruguay, with a combined X% share of total imports. Paraguay, Italy, Bolivia and Argentina lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Paraguay, 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 average fruit import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price 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, fruit import price increased by X% against 2019 indices. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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