Latin America and the Caribbean: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Latin America and the Caribbean

In 2022, the Latin American homogenised jam and marmalade market increased by X% to $X, rising for the second year in a row after seven years of decline. In general, consumption saw a pronounced descent. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Latin America and the Caribbean

In value terms, homogenised jam and marmalade production dropped modestly to $X in 2022 estimated in export price. Overall, production showed a abrupt downturn. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports in Latin America and the Caribbean

In 2022, shipments abroad of homogenised preparations of jams, fruit jellies and marmalades decreased by X% to X tons, falling for the third year in a row after four years of growth. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2018 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports declined sharply to $X in 2022. Total exports indicated tangible growth 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. Based on 2022 figures, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X tons) and Brazil (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Chile (X tons), constituting a X% share of total exports. Colombia (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 shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest homogenised jam and marmalade supplying countries in Latin America and the Caribbean were Costa Rica ($X), Chile ($X) and Brazil ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Chile, 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, shrinking by X% against the previous year. Over the period under review, the export price saw a mild downturn. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Brazil ($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 mixed trends in the export price figures.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports in Latin America and the Caribbean

Homogenised jam and marmalade imports amounted to X tons in 2022, with an increase of X% compared with 2021. Total imports indicated a prominent expansion from 2012 to 2022: its volume 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 2018 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, homogenised jam and marmalade imports rose remarkably to $X in 2022. Total imports indicated a buoyant 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. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The Dominican Republic represented the key importing country with an import of about X tons, which recorded X% of total imports. Guatemala (X tons) ranks second in terms of the total imports with an X% share, followed by El Salvador (X%) and Honduras (X%). Haiti (X tons), Colombia (X tons), Panama (X tons), Nicaragua (X tons), Peru (X tons), Cuba (X tons), Chile (X tons), Costa Rica (X tons) and Ecuador (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to homogenised jam and marmalade imports into the Dominican Republic stood at X%. At the same time, Panama (X%), Colombia (X%), Cuba (X%), Chile (X%), Costa Rica (X%), Guatemala (X%), El Salvador (X%) and Honduras (X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Peru (X%), Nicaragua (X%), Ecuador (X%) and Haiti (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Dominican Republic, Panama, Colombia and Cuba increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Dominican Republic ($X) constitutes the largest market for imported homogenised preparations of jams, fruit jellies and marmalades in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Guatemala ($X), with a X% share of total imports. It was followed by El Salvador, with an X% share.

In the Dominican Republic, homogenised jam and marmalade imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Guatemala (X% per year) and El Salvador (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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