Uruguay: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Uruguay

The Uruguayan peach and nectarine market amounted to $X in 2021, increasing by 2% against the previous year. In general, consumption, however, saw a noticeable reduction. Peach and nectarine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Peach And Nectarine Production in Uruguay

In value terms, peach and nectarine production dropped slightly to $X in 2021 estimated in export price. Overall, production continues to indicate mild growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

In 2021, the average yield of peaches and nectarines in Uruguay rose slightly to X tons per ha, picking up by 2.9% against 2020 figures. Overall, the yield, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2021, the growth of the average peach and nectarine 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.

In 2021, approx. X ha of peaches and nectarines were harvested in Uruguay; surging by 4.5% compared with 2020. In general, the harvested area, however, saw a abrupt shrinkage. The peach and nectarine harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Peach And Nectarine Exports

Exports from Uruguay

In 2021, overseas shipments of peaches and nectarines decreased by -41.2% to X tons, falling for the seventh year in a row after three years of growth. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 1,779% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, peach and nectarine exports dropped notably to $X in 2021. Over the period under review, exports, however, posted a perceptible expansion. The pace of growth was the most pronounced in 2013 with an increase of 1,746% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for peach and nectarine exports from Uruguay, accounting for a approx. 98% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Brazil amounted to +7.9%.

In value terms, Brazil ($X) also remains the key foreign market for peach and nectarine exports from Uruguay.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil amounted to +16.4%.

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2021, growing by 15% against the previous year. In general, the export price enjoyed a moderate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +7.8% per year.

Peach And Nectarine Imports

Imports into Uruguay

For the fourth consecutive year, Uruguay recorded decline in overseas purchases of peaches and nectarines, which decreased by -40.6% to X tons in 2021. In general, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2013 with an increase of 376%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, peach and nectarine imports reduced sharply to $X in 2021. Over the period under review, imports, however, continue to indicate a measured increase. The pace of growth appeared the most rapid in 2015 with an increase of 375%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest peach and nectarine supplier to Uruguay, accounting for a 63% share of total imports. Moreover, peach and nectarine imports from Spain exceeded the figures recorded by the second-largest supplier, Chile (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+6.3% per year) and Argentina (-18.6% per year).

In value terms, Spain ($X) constituted the largest supplier of peach and nectarine to Uruguay, comprising 68% of total imports. The second position in the ranking was taken by Chile ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+12.9% per year) and Argentina (-15.3% per year).

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2021, increasing by 5.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 8.5% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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