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Latin America and the Caribbean - Papayas - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Jun 19, 2019

Papaya Market in Latin America and the Caribbean - Key Insights

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IndexBox has just published a new report, the Latin America and the Caribbean - Papayas - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the papaya market in Latin America and the Caribbean amounted to $X in 2017, coming down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The papaya consumption continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2014, when the market value increased by X% y-o-y. In that year, the papaya market reached its peak level of $X. From 2015 to 2017, the growth of the papaya market failed to regain its momentum.

Production in Latin America and the Caribbean

In 2017, the amount of papayas produced in Latin America and the Caribbean totaled X tonnes, reducing by -X% against the previous year. The papaya production continues to indicate a relatively flat trend pattern.

Papaya Exports

Exports in Latin America and the Caribbean

In 2017, the amount of papayas exported in Latin America and the Caribbean stood at X tonnes, leveling off at the previous year. The total exports indicated a remarkable expansion from 2007 to 2017: its volume 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 2017 figures, the papaya exports increased by +X% against 2012 indices. The growth pace was the most rapid in 2009, when it surged by X% y-o-y. The volume of exports peaked at X tonnes in 2016, leveling off in the following year.

In value terms, papaya exports totaled $X (IndexBox estimates) in 2017. The total exports indicated a strong expansion from 2007 to 2017: 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 2017 figures, the papaya exports increased by +X% against 2011 indices. The level of exports peaked at $X in 2016, and then declined slightly in the following year.

Exports by Country

In 2017, Mexico (X tonnes) represented the main exporter for papayas, mixed up X% of total exports. Guatemala (X tonnes) ranks second in terms of the global exports with a X% share, followed by Brazil (X%).

From 2007 to 2017, average annual rates of growth with regard to papaya exports from Mexico stood at +X%. At the same time, Guatemala (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Brazil, Guatemala and Mexico decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Guatemala ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Export Prices by Country

The papaya export price in Latin America and the Caribbean stood at $X per tonne in 2017, flattening at the previous year. The the papaya export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, an increase of X% y-o-y. The level of export price peaked at $X per tonne in 2014; however, from 2015 to 2017, export prices stood at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per kg), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala (+X% per year), while the other leaders experienced a decline in the export price figures.

Papaya Imports
Imports in Latin America and the Caribbean

In 2017, the amount of papayas imported in Latin America and the Caribbean totaled X tonnes, jumping by X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume 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 2017 figures, the papaya imports increased by +X% against 2015 indices.

In value terms, papaya imports totaled $X (IndexBox estimates) in 2017. The total imports indicated a strong expansion from 2007 to 2017: 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 2017 figures, the papaya imports increased by +X% against 2014 indices. The level of imports peaked in 2017, and are likely to continue its growth in the near future.

Imports by Country

El Salvador was the key importer of papayas in Latin America and the Caribbean, with the volume of imports amounting to X tonnes, which was near X% of total imports in 2017. Aruba (X tonnes) ranks second in terms of the global imports with a X% share, followed by Argentina (X%) and Uruguay (X%). The following importers - Honduras (X tonnes), Paraguay (X tonnes), Nicaragua (X tonnes), Barbados (X tonnes) and Haiti (X tonnes) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to papaya imports into El Salvador stood at +X%. At the same time, Aruba (+X%), Honduras (+X%), Nicaragua (+X%), Paraguay (+X%), Uruguay (+X%), Argentina (+X%) and Haiti (+X%) displayed positive paces of growth. Moreover, Aruba emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Barbados experienced a relatively flat trend pattern. From 2007 to 2017, the share of Nicaragua, Paraguay, Uruguay, Honduras, Argentina, Aruba and El Salvador decreased by -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, El Salvador ($X) constitutes the largest market for imported papayas in Latin America and the Caribbean, comprising X% of global imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global imports. It was followed by Aruba, with a X% share.

Import Prices by Country

The papaya import price in Latin America and the Caribbean stood at $X per kg in 2017, growing by X% against the previous year. The the papaya import price continues to indicate a mild deduction.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Barbados ($X per kg), while Aruba ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Barbados (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 600 - Papayas

This report provides an in-depth analysis of the papaya market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Barbados
• Bermuda
• British Virgin Islands
• Cayman Islands
• Curacao
• Falkland Islands (Malvinas)
• Grenada
• Guadeloupe
• Martinique
• Montserrat
• Nicaragua
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007-2019
Table 7:
Yield, By Country, 2007-2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007-2019
Figure 25:
Yield, By Country, 2007-2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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