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Latin America and the Caribbean - Nuts (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Nuts Market Overview 2021

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Nuts Market Size in Latin America and the Caribbean

For the fourth year in a row, the Latin American nuts market recorded growth in sales value, which increased by X% to $X in 2020. The total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2008 indices. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. The level of consumption peaked in 2020 and is expected to retain growth in the near future.

Nuts Production in Latin America and the Caribbean

In value terms, nuts production dropped modestly to $X in 2020 estimated in export prices. The total production indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2008 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of production peaked at $X in 2019, and then fell in the following year.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of nuts production in 2020 were Brazil (X tonnes), Mexico (X tonnes) and Argentina (X tonnes), with a combined X% share of total production.

From 2007 to 2020, the most notable rate of growth in terms of nuts production, amongst the leading producing countries, was attained by Mexico, while nuts production for the other leaders experienced more modest paces of growth.

Nuts Exports

Exports in Latin America and the Caribbean

In 2020, overseas shipments of nuts (prepared or preserved) decreased by -X% to X tonnes, falling for the fourth year in a row after ten years of growth. Overall, exports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, nuts exports dropped to $X in 2020. In general, exports, however, continue to indicate pronounced growth. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. The level of export peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Mexico was the key exporting country with an export of about X tonnes, which accounted for X% of total exports. Uruguay (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (X%). The following exporters - Chile (X tonnes), Guatemala (X tonnes) and Trinidad and Tobago (X tonnes) - together made up X% of total exports.

Mexico was also the fastest-growing in terms of the nuts (prepared or preserved) exports, with a CAGR of +X% from 2007 to 2020. At the same time, Uruguay (+X%) and Guatemala (+X%) displayed positive paces of growth. By contrast, Trinidad and Tobago (-X%), Brazil (-X%) and Chile (-X%) illustrated a downward trend over the same period. While the share of Mexico (+X p.p.) and Uruguay (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Trinidad and Tobago (-X p.p.), Chile (-X p.p.) and Brazil (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Mexico, nuts exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Chile (-X% per year).

Export Prices by Country

In 2020, the nuts export price in Latin America and the Caribbean amounted to $X per tonne, falling by -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Chile ($X per tonne), while Uruguay ($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.

Nuts Imports

Imports in Latin America and the Caribbean

In 2020, approx. X tonnes of nuts (prepared or preserved) were imported in Latin America and the Caribbean; increasing by X% compared with 2019 figures. Total imports indicated a strong expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. The volume of import peaked in 2020 and is likely to continue growth in years to come.

In value terms, nuts imports expanded notably to $X in 2020. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. The level of import peaked in 2020 and is likely to continue growth in the near future.

Imports by Country

In 2020, Mexico (X tonnes) represented the key importer of nuts (prepared or preserved), making up X% of total imports. Brazil (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Guatemala (X%) and Costa Rica (X%). Panama (X tonnes), Colombia (X tonnes), the Dominican Republic (X tonnes), Chile (X tonnes), Trinidad and Tobago (X tonnes), Honduras (X tonnes), Argentina (X tonnes), El Salvador (X tonnes) and Anguilla (X tonnes) occupied a relatively small share of total imports.

From 2007 to 2020, average annual rates of growth with regard to nuts imports into Mexico stood at +X%. At the same time, Anguilla (+X%), Guatemala (+X%), Colombia (+X%), Costa Rica (+X%), Honduras (+X%), Brazil (+X%), Panama (+X%), Chile (+X%), the Dominican Republic (+X%), Trinidad and Tobago (+X%), El Salvador (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Anguilla emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Brazil, Guatemala, Costa Rica, Colombia, Anguilla, Panama and Honduras increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported nuts (prepared or preserved) in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by Costa Rica, with a X% share.

In Mexico, nuts imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Costa Rica (+X% per year).

Import Prices by Country

The nuts import price in Latin America and the Caribbean stood at $X per tonne in 2020, flattening at the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2019, and then shrank in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nuts (prepared or preserved) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of nuts consumption in 2020 were Brazil (226K tonnes), Mexico (169K tonnes) and Argentina (69K tonnes), together comprising 56% of total consumption. These countries were followed by Colombia, Venezuela, Peru, Chile, Cuba, Ecuador, the Dominican Republic, Guatemala and Panama, which together accounted for a further 32%.
What are the largest producers of nuts (prepared or preserved) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of nuts production in 2020 were Brazil (224K tonnes), Mexico (168K tonnes) and Argentina (69K tonnes), together comprising 57% of total production.
What are the leading suppliers of nuts (prepared or preserved) in LatAmerica and the Caribbean?
+
In value terms, Mexico ($32M) remains the largest nuts supplier in Latin America and the Caribbean, comprising 53% of total exports. The second position in the ranking was occupied by Brazil ($6.8M), with a 11% share of total exports. It was followed by Chile, with a 9.1% share.
What are the leading importers of nuts (prepared or preserved) in LatAmerica and the Caribbean?
+
In value terms, Mexico ($84M) constitutes the largest market for imported nuts (prepared or preserved) in Latin America and the Caribbean, comprising 43% of total imports. The second position in the ranking was occupied by Brazil ($16M), with a 7.9% share of total imports. It was followed by Costa Rica, with a 4.9% share.
What is the average export price for nuts (prepared or preserved) in LatAmerica and the Caribbean?
+
The nuts export price in Latin America and the Caribbean stood at $3,703 per tonne in 2020, waning by -11.6% against the previous year.
What is the average import price for nuts (prepared or preserved) in LatAmerica and the Caribbean?
+
The nuts import price in Latin America and the Caribbean stood at $5,881 per tonne in 2020, stabilizing at the previous year.

Product coverage:
• Prodcom 10392390 - Prepared or preserved nuts (other than groundnuts), and other seeds and mixtures (excluding by vinegar or acetic acid, f rozen, purees and pastes, preserved by sugar)

This report provides an in-depth analysis of the nuts 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
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• 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 Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

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
TOP EXPORTING COUNTRIES
5.4
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
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:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
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 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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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