Latin America and the Caribbean: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Latin America and the Caribbean

The Latin American mixes and doughs market expanded to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Latin America and the Caribbean

In value terms, mixes and doughs production contracted to $X in 2022 estimated in export price. In general, production, however, saw a mild curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Mixes And Doughs Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of mixes and doughs decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mixes and doughs exports rose significantly to $X in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Brazil (X tons) was the major exporter of mixes and doughs, constituting X% of total exports. Argentina (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (X%) and Paraguay (X%). The following exporters - Guatemala (X tons), Uruguay (X tons) and Costa Rica (X tons) - together made up X% of total exports.

Brazil was also the fastest-growing in terms of the mixes and doughs exports, with a CAGR of X% from 2012 to 2022. At the same time, Paraguay (X%), Costa Rica (X%), Guatemala (X%), Mexico (X%) and Uruguay (X%) displayed positive paces of growth. By contrast, Argentina (X%) illustrated a downward trend over the same period. Brazil (X p.p.) and Paraguay (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and Argentina ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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, increasing by X% against the previous year. Export price indicated moderate growth from 2012 to 2022: its price 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 growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

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

Mixes And Doughs Imports

Imports in Latin America and the Caribbean

In 2022, the amount of mixes and doughs imported in Latin America and the Caribbean rose notably to X tons, growing by X% on the previous year's figure. Total imports indicated a buoyant 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. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, mixes and doughs imports surged to $X in 2022. Total imports indicated a resilient 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 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Mexico (X tons) and Venezuela (X tons) were the largest importers of mixes and doughs in Latin America and the Caribbean, together generating X% of total imports. It was distantly followed by Bolivia (X tons) and Colombia (X tons), together mixing up a X% share of total imports. El Salvador (X tons), Guatemala (X tons), Honduras (X tons), Panama (X tons), the Dominican Republic (X tons), Brazil (X tons), Nicaragua (X tons), Costa Rica (X tons) and Chile (X tons) followed a long way behind the leaders.

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

In value terms, Mexico ($X) constitutes the largest market for imported mixes and doughs in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mexico totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Venezuela (X% per year) and Guatemala (X% per year).

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%. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

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 Panama ($X per ton), while Bolivia ($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

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