Uruguay: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in Uruguay

The Uruguayan market for non-citrus fruits not elsewhere classified expanded slightly to $X in 2022, rising by 2.1% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 -1.9% against 2020 indices. Non-citrus fruits not elsewhere classified consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Citrus Fruits Not Elsewhere Classified in Uruguay

In value terms, non-citrus fruits not elsewhere classified production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 39%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from Uruguay

In 2022, shipments abroad of non-citrus fruits not elsewhere classified increased by 17% to X kg for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, faced a precipitous setback. The most prominent rate of growth was recorded in 2017 when exports increased by 74%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-citrus fruits not elsewhere classified exports soared to $X in 2022. Over the period under review, exports, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2017 with an increase of 67% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for non-citrus fruits not elsewhere classified exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +11.5%.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to -4.3%.

Export Prices by Country

In 2022, the average export price for non-citrus fruits not elsewhere classified amounted to $X per ton, with an increase of 3.4% against the previous year. In general, the export price showed a slight expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 83%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +29.7% per year.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into Uruguay

In 2022, overseas purchases of non-citrus fruits not elsewhere classified decreased by -28.3% 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 buoyant increase. The growth pace was the most rapid in 2021 with an increase of 169% against the previous year. As a result, imports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, non-citrus fruits not elsewhere classified imports rose remarkably to $X in 2022. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2015 when imports increased by 199% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest supplier of non-citrus fruits not elsewhere classified to Uruguay, accounting for a 68% share of total imports. Moreover, non-citrus fruits not elsewhere classified imports from Brazil exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-24.5% per year) and Argentina (+25.8% per year).

In value terms, Brazil ($X) constituted the largest supplier of non-citrus fruits not elsewhere classified to Uruguay, comprising 75% of total imports. The second position in the ranking was held by Spain ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-15.5% per year) and Argentina (+40.1% per year).

Import Prices by Country

The average import price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, jumping by 56% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-citrus fruits not elsewhere classified import price increased by +63.0% against 2020 indices. As a result, import price reached 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 Brazil ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform