Latin America and the Caribbean: Market for Jams, Jellies, Puree and Pastes 2024

Market Size for Jams, Jellies, Puree and Pastes in Latin America and the Caribbean

The Latin American market for jams, jellies, puree and pastes contracted to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of consumption peaked at $X in 2021, and then fell in the following year.

Production of Jams, Jellies, Puree and Pastes in Latin America and the Caribbean

In value terms, jam, jelly, puree and paste production stood at $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 somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Jams, Jellies, Puree and Pastes

Exports in Latin America and the Caribbean

In 2022, shipments abroad of jams, jellies, puree and pastes increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, jam, jelly, puree and paste exports soared to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Chile (X tons) represented the key exporter of jams, jellies, puree and pastes, achieving X% of total exports. It was distantly followed by Guatemala (X tons), Ecuador (X tons), Colombia (X tons) and Argentina (X tons), together generating a X% share of total exports. Brazil (X tons) and Mexico (X tons) followed a long way behind the leaders.

Chile experienced a relatively flat trend pattern with regard to volume of exports of jams, jellies, puree and pastes. At the same time, Colombia (X%), Brazil (X%), Ecuador (X%) and Guatemala (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Argentina experienced a relatively flat trend pattern. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of Colombia (X p.p.), Guatemala (X p.p.), Ecuador (X p.p.) and Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mexico (X p.p.) and Chile (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest jam, jelly, puree and paste supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with an X% share of total exports. It was followed by Argentina, with an X% share.

In Chile, jam, jelly, puree and paste exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

Imports of Jams, Jellies, Puree and Pastes

Imports in Latin America and the Caribbean

In 2022, approx. X tons of jams, jellies, puree and pastes were imported in Latin America and the Caribbean; falling by X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, jam, jelly, puree and paste imports soared to $X in 2022. Total imports indicated a moderate 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 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Chile (X tons), Guatemala (X tons), Colombia (X tons), El Salvador (X tons), Mexico (X tons), Argentina (X tons) and Ecuador (X tons) represented roughly X% of total imports in 2022. Brazil (X tons), Honduras (X tons), Peru (X tons), Costa Rica (X tons), Paraguay (X tons) and the Dominican Republic (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 purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Guatemala ($X) and Ecuador ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

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

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform