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Latin America and the Caribbean - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Grapefruit Market Overview 2020

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Grapefruit Market Size in Latin America and the Caribbean

In 2019, the Latin American grapefruit market increased by X% to $X, rising for the fifth consecutive year after four years of decline. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Grapefruit Production in Latin America and the Caribbean

In value terms, grapefruit production expanded remarkably to $X in 2019 estimated in export prices. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Mexico (X tonnes) remains the largest grapefruit producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, grapefruit production in Mexico exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), fourfold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

In Mexico, grapefruit production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Argentina (-X% per year) and Brazil (+X% per year).

The average grapefruit yield rose slightly to X tonnes per ha in 2019, picking up by X% against the previous year. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by X% year-to-year. Over the period under review, the grapefruit yield attained the peak level in 2019 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 2019, the total area harvested in terms of grapefruits production in Latin America and the Caribbean contracted slightly to X ha, therefore, remained relatively stable against the year before. Overall, the harvested area showed a pronounced contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to grapefruit production reached the maximum at X ha in 2009; however, from 2010 to 2019, the harvested area stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The country with the largest volume of grapefruit production was Mexico (X tonnes), comprising approx. X% of total volume. Moreover, grapefruit production in Mexico exceeded the figures recorded by the second-largest producer, Argentina (X tonnes), fourfold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Mexico stood at +X%. In the other countries, the average annual rates were as follows: Argentina (-X% per year) and Brazil (+X% per year).

Grapefruit Exports

Exports in Latin America and the Caribbean

In 2019, overseas shipments of grapefruits decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. In general, exports showed a mild decline. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, grapefruit exports reduced remarkably to $X in 2019. Over the period under review, exports recorded a perceptible reduction. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. The level of export peaked at $X in 2010; however, from 2011 to 2019, exports remained at a lower figure.

Exports by Country

Mexico prevails in grapefruit exports structure, resulting at X tonnes, which was near X% of total exports in 2019. It was distantly followed by Peru (X tonnes) and Chile (X tonnes), together generating a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to grapefruit exports from Mexico stood at +X%. At the same time, Peru (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2019. By contrast, Chile (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.) and Peru (+X p.p.) significantly strengthened its position in terms of the total exports, while Chile saw its share reduced by -X% from 2007 to 2019, respectively.

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

From 2007 to 2019, the average annual rate of growth in terms of value in Mexico was relatively modest. In the other countries, the average annual rates were as follows: Peru (+X% per year) and Chile (-X% per year).

Export Prices by Country

In 2019, the grapefruit export price in Latin America and the Caribbean amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Peru, while the other leaders experienced a decline in the export price figures.

Grapefruit Imports

Imports in Latin America and the Caribbean

In 2019, overseas purchases of grapefruits decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Total imports indicated a noticeable expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. As a result, imports reached the peak of X tonnes. From 2010 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, grapefruit imports reduced remarkably to $X in 2019. Total imports indicated a prominent expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. The level of import peaked at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

Mexico (X tonnes) and Argentina (X tonnes) represented the key importers of grapefruits in 2019, reaching approx. X% and X% of total imports, respectively. Uruguay (X tonnes) ranks next in terms of the total imports with a X% share, followed by Brazil (X%) and Barbados (X%). The following importers - Chile (X tonnes) and Costa Rica (X tonnes) - together made up X% of total imports.

From 2007 to 2019, the biggest increases were in Uruguay, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Mexico ($X) and Brazil ($X) constituted the countries with the highest levels of imports in 2019, together comprising X% of total imports. Uruguay, Barbados, Chile and Costa Rica lagged somewhat behind, together comprising a further X the main importing countries, Uruguay saw the highest rates of growth with regard to 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 grapefruit import price in Latin America and the Caribbean stood at $X per tonne in 2019, declining by -X% against the previous year. Import price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, grapefruit import price decreased by -X% against 2014 indices. The growth pace was the most rapid in 2012 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Chile ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Barbados, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grapefruits in LatAmerica and the Caribbean?
+
The country with the largest volume of grapefruit consumption was Mexico (464K tonnes), comprising approx. 50% of total volume. Moreover, grapefruit consumption in Mexico exceeded the figures recorded by the second-largest consumer, Argentina (109K tonnes), fourfold. The third position in this ranking was occupied by Brazil (83K tonnes), with a 8.9% share.
What are the largest producers of grapefruits in LatAmerica and the Caribbean?
+
The country with the largest volume of grapefruit production was Mexico (476K tonnes), accounting for 51% of total volume. Moreover, grapefruit production in Mexico exceeded the figures recorded by the second-largest producer, Argentina (108K tonnes), fourfold. Brazil (83K tonnes) ranked third in terms of total production with a 8.8% share.
What are the leading exporters of grapefruits in LatAmerica and the Caribbean?
+
In value terms, Mexico ($8.4M) remains the largest grapefruit supplier in Latin America and the Caribbean, comprising 74% of total exports. The second position in the ranking was occupied by Peru ($1.5M), with a 13% share of total exports.
What are the leading importers of grapefruits in LatAmerica and the Caribbean?
+
In value terms, the largest grapefruit importing markets in Latin America and the Caribbean were Argentina ($994K), Mexico ($946K) and Brazil ($361K), with a combined 59% share of total imports. These countries were followed by Uruguay, Barbados, Chile and Costa Rica, which together accounted for a further 22%.
What is the average export price for grapefruits in LatAmerica and the Caribbean?
+
The grapefruit export price in Latin America and the Caribbean stood at $674 per tonne in 2019, with an increase of 1.9% against the previous year.
What is the average import price for grapefruits in LatAmerica and the Caribbean?
+
In 2019, the grapefruit import price in Latin America and the Caribbean amounted to $820 per tonne, dropping by -9.5% against the previous year.

Product coverage:
• FCL 507 - Grapefruit and pomelo

This report provides an in-depth analysis of the grapefruit 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
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• 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 Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela

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
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 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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:
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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