Latin America and the Caribbean: Apple Market 2024

Apple Market Size in Latin America and the Caribbean

For the third year in a row, the Latin American apple market recorded growth in sales value, which increased by X% to $X in 2023. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Apple Production in Latin America and the Caribbean

In value terms, apple production expanded to $X in 2023 estimated in export price. In general, production, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

The countries with the highest volumes of production in 2023 were Chile (X tons), Brazil (X tons) and Mexico (X tons), with a combined X% share of total production.

From 2012 to 2023, the biggest increases were recorded for Mexico (with a CAGR of X%), while production for the other leaders experienced a decline in the production figures.

In 2023, the average apple yield in Latin America and the Caribbean totaled X tons per ha, leveling off at 2022 figures. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X% against the previous year. Over the period under review, the apple yield reached the maximum level at X tons per ha in 2019; however, from 2020 to 2023, 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.

In 2023, the total area harvested in terms of apples production in Latin America and the Caribbean totaled X ha, surging by X% on the previous year. Overall, the harvested area, however, continues to indicate a slight reduction. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Apple Exports

Exports in Latin America and the Caribbean

In 2023, approx. X tons of apples were exported in Latin America and the Caribbean; waning by X% on the year before. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, apple exports contracted notably to $X in 2023. Overall, exports recorded a pronounced contraction. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Chile represented the largest exporting country with an export of about X tons, which recorded X% of total exports. Argentina (X tons) ranks second in terms of the total exports with a X% share, followed by Brazil (X%).

From 2012 to 2023, average annual rates of growth with regard to apple exports from Chile stood at X%. Argentina (X%) and Brazil (X%) illustrated a downward trend over the same period. While the share of Argentina (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Chile (X p.p.) displayed negative dynamics.

In value terms, Chile ($X) remains the largest apple supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Chile amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export 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 exporting countries. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced mixed trends in the export price figures.

Apple Imports

Imports in Latin America and the Caribbean

In 2023, the amount of apples imported in Latin America and the Caribbean dropped to X tons, which is down by X% compared with 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, apple imports rose to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are likely to see gradual growth in the near future.

Imports by Country

The countries with the highest levels of apple imports in 2023 were Brazil (X tons), Mexico (X tons) and Colombia (X tons), together resulting at X% of total import. Ecuador (X tons) ranks next in terms of the total imports with an X% share, followed by Peru (X%), Guatemala (X%) and the Dominican Republic (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Colombia ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. The Dominican Republic, Ecuador, Guatemala and Peru lagged somewhat behind, together accounting for a further X%.

The Dominican Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Dominican Republic ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Dominican Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform