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Latin America and the Caribbean - Frozen Vegetables And Mixtures Of Vegetables (Excluding Dishes) - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Prepared Frozen Vegetables Market Overview 2021

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Prepared Frozen Vegetables Market Size in Latin America and the Caribbean

For the eighth year in a row, the Latin American prepared frozen vegetables market recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level in 2020 and is likely to continue growth in the near future.

Prepared Frozen Vegetables Production in Latin America and the Caribbean

In value terms, prepared frozen vegetables production amounted to $X in 2020 estimated in export prices. Overall, production continues to indicate prominent growth. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. The level of production peaked in 2020 and is likely to continue growth in years to come.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of prepared frozen vegetables production in 2020 were Brazil (X tonnes), Mexico (X tonnes) and Argentina (X tonnes), together comprising X% of total production.

From 2007 to 2020, the biggest increases were in Brazil, while prepared frozen vegetables production for the other leaders experienced more modest paces of growth.

Prepared Frozen Vegetables Exports

Exports in Latin America and the Caribbean

After two years of growth, shipments abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tonnes in 2020. Overall, exports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2019, and then dropped markedly in the following year.

In value terms, prepared frozen vegetables exports shrank sharply to $X in 2020. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. The level of export peaked at $X in 2019, and then reduced dramatically in the following year.

Exports by Country

In 2020, Mexico (X tonnes) represented the key exporter of frozen vegetables and mixtures of vegetables (prepared or preserved), committing X% of total exports. Honduras (X tonnes) ranks second in terms of the total exports with a X% share, followed by Colombia (X%) and Costa Rica (X%). The Dominican Republic (X tonnes) followed a long way behind the leaders.

Mexico experienced a relatively flat trend pattern with regard to volume of exports of frozen vegetables and mixtures of vegetables (prepared or preserved). At the same time, Costa Rica (+X%), Colombia (+X%), Honduras (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Honduras, Colombia and Costa Rica increased by +X%, +X% and +X% percentage points, while Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest prepared frozen vegetables supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Honduras ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Mexico totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Honduras (+X% per year) and Costa Rica (+X% per year).

Export Prices by Country

In 2020, the prepared frozen vegetables export price in Latin America and the Caribbean amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The level of export peaked in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Honduras ($X per tonne), while Colombia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Dominican Republic, while the other leaders experienced more modest paces of growth.

Prepared Frozen Vegetables Imports

Imports in Latin America and the Caribbean

After ten years of growth, overseas purchases of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2019, and then declined in the following year.

In value terms, prepared frozen vegetables imports contracted to $X in 2020. In general, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The level of import peaked at $X in 2019, and then shrank in the following year.

Imports by Country

Brazil was the main importing country with an import of around X tonnes, which resulted at X% of total imports. Jamaica (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Mexico (X%) and Chile (X%). The following importers - Panama (X tonnes), Suriname (X tonnes), Trinidad and Tobago (X tonnes), Uruguay (X tonnes), Argentina (X tonnes), Colombia (X tonnes) and Guatemala (X tonnes) - together made up X% of total imports.

From 2007 to 2020, average annual rates of growth with regard to prepared frozen vegetables imports into Brazil stood at +X%. At the same time, Chile (+X%), Uruguay (+X%), Argentina (+X%), Suriname (+X%), Colombia (+X%), Jamaica (+X%), Trinidad and Tobago (+X%), Mexico (+X%) and Guatemala (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Panama (-X%) illustrated a downward trend over the same period. While the share of Brazil (+X p.p.), Chile (+X p.p.) and Jamaica (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Mexico (-X p.p.) and Panama (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and Jamaica ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports. Chile, Panama, Uruguay, Trinidad and Tobago, Colombia, Guatemala, Suriname and Argentina lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to 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

The prepared frozen vegetables import price in Latin America and the Caribbean stood at $X per tonne in 2020, approximately equating the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($X per tonne), while Jamaica ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Panama, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen vegetables and mixtures of vegetables (prepared or preserved) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of prepared frozen vegetables consumption in 2020 were Brazil (157K tonnes), Mexico (105K tonnes) and Argentina (43K tonnes), with a combined 57% share of total consumption.
What are the largest producers of frozen vegetables and mixtures of vegetables (prepared or preserved) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of prepared frozen vegetables production in 2020 were Brazil (149K tonnes), Mexico (114K tonnes) and Argentina (43K tonnes), with a combined 58% share of total production.
What are the leading exporters of frozen vegetables and mixtures of vegetables (prepared or preserved) in LatAmerica and the Caribbean?
+
In value terms, Mexico ($38M) remains the largest prepared frozen vegetables supplier in Latin America and the Caribbean, comprising 68% of total exports. The second position in the ranking was occupied by Honduras ($11M), with a 20% share of total exports. It was followed by Costa Rica, with a 3.2% share.
What are the leading importers of frozen vegetables and mixtures of vegetables (prepared or preserved) in LatAmerica and the Caribbean?
+
In value terms, Brazil ($12M), Mexico ($11M) and Jamaica ($3.5M) constituted the countries with the highest levels of imports in 2020, together comprising 68% of total imports. These countries were followed by Chile, Panama, Uruguay, Trinidad and Tobago, Colombia, Guatemala, Suriname and Argentina, which together accounted for a further 22%.
What is the average export price for frozen vegetables and mixtures of vegetables (prepared or preserved) in LatAmerica and the Caribbean?
+
The prepared frozen vegetables export price in Latin America and the Caribbean stood at $2,951 per tonne in 2020, rising by 3.7% against the previous year.
What is the average import price for frozen vegetables and mixtures of vegetables (prepared or preserved) in LatAmerica and the Caribbean?
+
In 2020, the prepared frozen vegetables import price in Latin America and the Caribbean amounted to $1,745 per tonne, remaining stable against the previous year.

Product coverage:
• Prodcom 10391740 - Frozen vegetables and mixtures of vegetables (excluding prepared vegetable dishes, frozen vegetables and mixtures of vegetables uncooked or cooked by steaming or boiling in water, or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the prepared frozen vegetables 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
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
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 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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