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

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Olives Market Size in Latin America and the Caribbean

The Latin American olives market totaled $X in 2020, remaining stable against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Olives Production in Latin America and the Caribbean

In value terms, olives production declined modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 reached the peak level at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of olives production in 2020 were Mexico (X tonnes), Argentina (X tonnes) and Brazil (X tonnes), with a combined X% share of total production. These countries were followed by Peru, Colombia, Venezuela, Chile, Cuba, Ecuador, the Dominican Republic, Guatemala and Panama, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of olives production, amongst the main producing countries, was attained by Peru, while olives production for the other leaders experienced more modest paces of growth.

Olives Exports

Exports in Latin America and the Caribbean

In 2020, overseas shipments of olives (prepared or preserved ) increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, olives exports totaled $X in 2020. Overall, exports, however, showed a mild decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. The level of export peaked at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

Argentina represented the major exporter of olives (prepared or preserved ) in Latin America and the Caribbean, with the volume of exports reaching X tonnes, which was approx. X% of total exports in 2020. It was distantly followed by Peru (X tonnes), achieving a X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Peru.

In value terms, Argentina ($X) and Peru ($X) were the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

In terms of the main exporting countries, Peru saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The olives export price in Latin America and the Caribbean stood at $X per tonne in 2020, remaining stable against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the export prices failed to regain the momentum.

Average prices varied noticeably amongst the major exporting countries. In 2020, the country with the highest price was Argentina ($X per tonne), while Peru stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Argentina.

Olives Imports

Imports in Latin America and the Caribbean

In 2020, imports of olives (prepared or preserved ) in Latin America and the Caribbean soared to X tonnes, jumping by X% against the previous year. Total imports indicated a temperate expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, olives imports soared to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The level of import peaked in 2020 and is likely to continue growth in the near future.

Imports by Country

Brazil prevails in olives imports structure, recording X tonnes, which was approx. X% of total imports in 2020. Mexico (X tonnes) occupied the second position in the ranking, followed by Haiti (X tonnes) and Cayman Islands (X tonnes). All these countries together held approx. X% share of total imports. The following importers - Chile (X tonnes) and Uruguay (X tonnes) - each recorded a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to olives imports into Brazil stood at +X%. At the same time, Cayman Islands (+X%), Haiti (+X%), Chile (+X%), Uruguay (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Cayman Islands emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Cayman Islands (+X p.p.) and Haiti (+X p.p.) significantly strengthened its position in terms of the total imports, while Mexico and Brazil saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2020, the average annual rate of growth in terms of value in Brazil totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Cayman Islands (+X% per year).

Import Prices by Country

In 2020, the olives import price in Latin America and the Caribbean amounted to $X per tonne, which is down by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives (prepared or preserved ) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of olives consumption in 2020 were Brazil (178K tonnes), Mexico (118K tonnes) and Argentina (47K tonnes), together comprising 59% of total consumption. These countries were followed by Colombia, Venezuela, Chile, Peru, Cuba, Haiti, Ecuador, the Dominican Republic, Guatemala and Cayman Islands, which together accounted for a further 32%.
What are the largest producers of olives (prepared or preserved ) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of olives production in 2020 were Mexico (107K tonnes), Argentina (98K tonnes) and Brazil (74K tonnes), with a combined 54% share of total production. Peru, Colombia, Venezuela, Chile, Cuba, Ecuador, the Dominican Republic, Guatemala and Panama lagged somewhat behind, together accounting for a further 37%.
What are the leading suppliers of olives (prepared or preserved ) in LatAmerica and the Caribbean?
+
In value terms, the largest olives supplying countries in Latin America and the Caribbean were Argentina ($68M) and Peru ($38M), together comprising 96% of total exports.
What are the leading importers of olives (prepared or preserved ) in LatAmerica and the Caribbean?
+
In value terms, Brazil ($108M) constitutes the largest market for imported olives (prepared or preserved ) in Latin America and the Caribbean, comprising 55% of total imports. The second position in the ranking was occupied by Mexico ($23M), with a 12% share of total imports. It was followed by Cayman Islands, with a 8.8% share.
What is the average export price for olives (prepared or preserved ) in LatAmerica and the Caribbean?
+
The olives export price in Latin America and the Caribbean stood at $1,320 per tonne in 2020, remaining stable against the previous year.
What is the average import price for olives (prepared or preserved ) in LatAmerica and the Caribbean?
+
In 2020, the olives import price in Latin America and the Caribbean amounted to $1,315 per tonne, reducing by -6.1% against the previous year.

Product coverage:
• Prodcom 10391770 - Prepared or preserved olives (excluding prepared vegetable dishes and olives dried, frozen or preserved by vinegar or acetic acid)

This report provides an in-depth analysis of the olives 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
• 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
• 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 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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