Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay - 2022

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay (CIF) - 2022
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay (FOB) - 2022
  3. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay
  4. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay (CIF) - 2022

In 2022, the average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,023 per ton, with an increase of 2% against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 9.2%. The import price peaked at $1,301 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($1,203 per ton) and Spain ($1,066 per ton), while the price for Belgium ($985 per ton) and Turkey ($989 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay (FOB) - 2022

In 2022, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,147 per ton, which is down by -47.4% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 48%. The export price peaked at $2,182 per ton in 2021, and then fell sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +8.5% per year.

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay

In 2022, approx. 6.6K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were imported into Uruguay; growing by 15% compared with the year before. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen soared to $6.7M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,0241,9582,1354,61931.7%
Netherlands36534735659717.8%
Spain32828026559522.0%
China17220825150943.6%
TurkeyN/AN/A30.0232673.3%
Others2,7262,4342,707195-58.5%
Total5,6145,2275,7446,7486.3%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Uruguay in 2022:

  1. Belgium (4.7K tons)
  2. Netherlands (0.6K tons)
  3. Spain (0.6K tons)
  4. China (0.4K tons)
  5. Turkey (0.2K tons)

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay

For the third year in a row, Uruguay recorded decline in shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, which decreased by -55.5% to 1.5 tons in 2022. Over the period under review, exports saw a sharp descent. The smallest decline of -19.8% was in 2020.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reduced rapidly to $1.7K in 2022. In general, exports saw a dramatic descent. The smallest decline of -3.7% was in 2020.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1.71.41.11.70.0%
Brazil5.46.06.1N/A6.3%
Others0.90.30.2N/A-52.9%
Total8.07.77.41.7-40.3%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Uruguay in 2022:

  1. Argentina (1.5 tons)

Source: IndexBox Market Intelligence Platform

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