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Latin America and the Caribbean - Fruits - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Fruit Market Overview 2021

Fruit Market Size in Latin America and the Caribbean

In 2020, the Latin American fruit market increased by X% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fruit Production in Latin America and the Caribbean

In value terms, fruit production surged to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

The countries with the highest volumes of fruit production in 2020 were Brazil (X tonnes), Mexico (X tonnes) and Colombia (X tonnes), together comprising X% of total production. Ecuador, Argentina, Costa Rica, Peru, Guatemala and Chile lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Guatemala, while fruit production for the other leaders experienced more modest paces of growth.

The average fruit yield was estimated at X tonnes per ha in 2020, flattening at the year before. Over the period under review, the yield showed slight growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of yield peaked in 2020 and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of fruits in Latin America and the Caribbean reached X ha, flattening at 2019 figures. In general, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to fruit production reached the maximum in 2020 and is likely to continue growth in the near future.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of fruit production in 2020 were Brazil (X tonnes), Mexico (X tonnes) and Colombia (X tonnes), together comprising X% of total production. These countries were followed by Ecuador, Argentina, Costa Rica, Peru, Guatemala and Chile, which together accounted for a further X 2007 to 2020, the biggest increases were in Guatemala, while fruit production for the other leaders experienced more modest paces of growth.

Fruit Exports

Exports in Latin America and the Caribbean

In 2020, shipments abroad of fruits decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2019, and then reduced in the following year.

In value terms, fruit exports declined to $X in 2020. Total exports indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The level of export peaked at $X in 2019, and then shrank in the following year.

Exports by Country

The shipments of the seven major exporters of fruits, namely Costa Rica, Mexico, Ecuador, Guatemala, Colombia, Chile and Peru, represented more than two-thirds of total export.

From 2007 to 2020, the biggest increases were in Peru, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit supplying countries in Latin America and the Caribbean were Mexico ($X), Chile ($X) and Costa Rica ($X), with a combined X% share of total exports. These countries were followed by Peru, Ecuador, Colombia and Guatemala, which together accounted for a further X the main exporting countries, Peru 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

In 2020, the fruit export price in Latin America and the Caribbean amounted to $X per tonne, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The level of export peaked in 2020 and is expected to retain growth in years to come.

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

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

Fruit Imports

Imports in Latin America and the Caribbean

In 2020, supplies from abroad of fruits decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, fruit imports dropped dramatically to $X in 2020. Total imports indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of fruits, namely Argentina, Chile, Mexico, Brazil and El Salvador, represented more than two-thirds of total import. Ecuador (X tonnes), Colombia (X tonnes), Peru (X tonnes), Uruguay (X tonnes), Guatemala (X tonnes), Costa Rica (X tonnes), Bolivia (X tonnes) and Haiti (X tonnes) occupied a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bolivia, while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Brazil ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2020, together accounting for X% of total imports. Chile, El Salvador, Colombia, Ecuador, Peru, Guatemala, Costa Rica, Uruguay, Bolivia and Haiti lagged somewhat behind, together comprising a further X the main importing countries, Haiti 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

The fruit import price in Latin America and the Caribbean stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per tonne), while Chile ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fruits in LatAmerica and the Caribbean?
+
The countries with the highest volumes of fruit consumption in 2020 were Brazil (38M tonnes), Mexico (19M tonnes) and Colombia (8.8M tonnes), with a combined 58% share of total consumption. Argentina, Peru, the Dominican Republic, Chile, Ecuador, Guatemala, Venezuela, Costa Rica and Cuba lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of fruits in LatAmerica and the Caribbean?
+
The countries with the highest volumes of fruit production in 2020 were Brazil (39M tonnes), Mexico (23M tonnes) and Colombia (11M tonnes), together accounting for 53% of total production. Ecuador, Argentina, Costa Rica, Peru, Guatemala and Chile lagged somewhat behind, together comprising a further 32%.
What are the leading exporters of fruits in LatAmerica and the Caribbean?
+
In value terms, Mexico ($4.7B), Chile ($3.9B) and Costa Rica ($3.5B) appeared to be the countries with the highest levels of exports in 2020, together comprising 49% of total exports. These countries were followed by Peru, Ecuador, Colombia and Guatemala, which together accounted for a further 38%.
What are the leading importers of fruits in LatAmerica and the Caribbean?
+
In value terms, the largest fruit importing markets in Latin America and the Caribbean were Mexico ($407M), Brazil ($314M) and Argentina ($222M), with a combined 49% share of total imports. These countries were followed by Chile, El Salvador, Colombia, Ecuador, Peru, Guatemala, Costa Rica, Uruguay, Bolivia and Haiti, which together accounted for a further 37%.
What is the average export price for fruits in LatAmerica and the Caribbean?
+
The fruit export price in Latin America and the Caribbean stood at $964 per tonne in 2020, increasing by 9% against the previous year.
What is the average import price for fruits in LatAmerica and the Caribbean?
+
The fruit import price in Latin America and the Caribbean stood at $758 per tonne in 2020, which is down by -7.9% against the previous year.

Product coverage:
• FCL 515 - Apples
• FCL 521 - Pears
• FCL 523 - Quinces
• FCL 526 - Apricots
• FCL 534 - Peaches and nectarines
• FCL 536 - Plums
• FCL 486 - Bananas
• FCL 489 -
• FCL 577 - Dates
• FCL 569 - Figs
• FCL 574 - Pineapples
• FCL 572 - Avocados
• FCL 571 - Mangoes
• FCL 490 - Oranges
• FCL 495 - Tangerines, mandarins, clementines, satsumas
• FCL 507 - Grapefruit and pomelo
• FCL 497 - Lemons and limes
• FCL 512 - Citrus fruit nes
• FCL 560 - Grapes
• FCL 567 - Watermelons
• FCL 568 - Melons, Cantaloupes
• FCL 600 - Papayas

This report provides an in-depth analysis of the fruit 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.



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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
7.3
HARVESTED AREA AND YIELD 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
• 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:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
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 2030
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:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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