Latin America and the Caribbean: Fruit And Berry Market 2024

Fruit And Berry Market Size in Latin America and the Caribbean

In 2022, the Latin American fruit and berry market was finally on the rise to reach $X after two years of decline. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Fruit And Berry Production in Latin America and the Caribbean

In value terms, fruit and berry production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Brazil (X tons), Mexico (X tons) and Colombia (X tons), with a combined X% share of total production. Ecuador, Peru, Costa Rica, Argentina, Chile and Guatemala lagged somewhat behind, together accounting for a further X%.

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

In 2022, the average fruit and berry yield in Latin America and the Caribbean declined modestly to X tons per ha, approximately reflecting 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the fruit and berry yield reached the peak level at X tons per ha in 2018; however, from 2019 to 2022, 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 2022, the total area harvested in terms of fruits and berries production in Latin America and the Caribbean declined to X ha, flattening at the year before. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2016; however, from 2017 to 2022, the harvested area failed to regain momentum.

Fruit And Berry Exports

Exports in Latin America and the Caribbean

In 2022, after six years of growth, there was significant decline in overseas shipments of fruits and berries, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, fruit and berry exports fell to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: 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. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Ecuador (X tons), distantly followed by Costa Rica (X tons), Mexico (X tons), Guatemala (X tons), Chile (X tons), Colombia (X tons) and Peru (X tons) represented the main exporters of fruits and berries, together constituting X% of total exports. Honduras (X tons) followed a long way behind the leaders.

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

In value terms, the largest fruit and berry supplying countries in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Peru ($X), together accounting for X% of total exports.

Among the main exporting countries, Peru, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

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

Fruit And Berry Imports

Imports in Latin America and the Caribbean

In 2022, approx. X tons of fruits and berries were imported in Latin America and the Caribbean; remaining stable against the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, fruit and berry imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Argentina (X tons), Mexico (X tons), Brazil (X tons), Chile (X tons) and El Salvador (X tons) represented the largest importer of fruits and berries in Latin America and the Caribbean, mixing up X% of total import. It was distantly followed by Colombia (X tons), creating a X% share of total imports. Guatemala (X tons), Ecuador (X tons), Honduras (X tons), Peru (X tons), Paraguay (X tons), Costa Rica (X tons) and Uruguay (X tons) took a minor share of total imports.

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

In value terms, the largest fruit and berry importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Argentina ($X), with a combined X% share of total imports. Chile, Colombia, Ecuador, El Salvador, Guatemala, Costa Rica, Honduras, Peru, Uruguay and Paraguay lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Chile, with a CAGR of X%, recorded 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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :