Latin America and the Caribbean: Blueberry And Cranberry Market 2024

Blueberry And Cranberry Market Size in Latin America and the Caribbean

In 2022, the Latin American blueberry and cranberry market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a prominent expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Blueberry And Cranberry Production in Latin America and the Caribbean

In value terms, blueberry and cranberry production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Peru (X tons) constituted the country with the largest volume of blueberry and cranberry production, accounting for X% of total volume. Moreover, blueberry and cranberry production in Peru exceeded the figures recorded by the second-largest producer, Chile (X tons), twofold. Mexico (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Peru amounted to X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Mexico (X% per year).

In 2022, the average yield of blueberries and cranberries in Latin America and the Caribbean reached X tons per ha, picking up by X% on 2021 figures. Overall, the yield enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the blueberry and cranberry yield attained the peak level in 2022 and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of blueberries and cranberries production in Latin America and the Caribbean reached X ha, standing approx. at the previous year. In general, the harvested area showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the harvested area dedicated to blueberry and cranberry production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Blueberry And Cranberry Exports

Exports in Latin America and the Caribbean

For the fifth consecutive year, LatAmerica and the Caribbean recorded growth in shipments abroad of blueberries and cranberries, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, blueberry and cranberry exports declined slightly to $X in 2022. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Peru was the main exporter of blueberries and cranberries in Latin America and the Caribbean, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Chile (X tons) ranks second in terms of the total exports with a X% share, followed by Mexico (X%).

Peru was also the fastest-growing in terms of the blueberries and cranberries exports, with a CAGR of X% from 2012 to 2022. At the same time, Mexico (X%) and Chile (X%) displayed positive paces of growth. From 2012 to 2022, the share of Peru and Mexico increased by X and X percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Peru amounted to X%. In the other countries, the average annual rates were as follows: Chile (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

Blueberry And Cranberry Imports

Imports in Latin America and the Caribbean

For the third year in a row, LatAmerica and the Caribbean recorded growth in supplies from abroad of blueberries and cranberries, which increased by X% to X tons in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2014 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, blueberry and cranberry imports soared to $X in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons), distantly followed by Argentina (X tons), Mexico (X tons), Colombia (X tons), Panama (X tons), Guatemala (X tons) and Chile (X tons) were the main importers of blueberries and cranberries, together creating X% of total imports. Aruba (X tons), Costa Rica (X tons), Uruguay (X tons), Trinidad and Tobago (X tons), Barbados (X tons) and El Salvador (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Mexico ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Colombia, Costa Rica, Panama, Guatemala, Aruba, Chile, El Salvador, Uruguay, Barbados and Trinidad and Tobago lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Chile, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Costa Rica ($X per ton), while Trinidad and Tobago ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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