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Latin America and the Caribbean - Papayas - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Papaya Market Overview 2020

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Papaya Market Size in Latin America and the Caribbean

The revenue of the papaya market in Latin America and the Caribbean amounted to $X in 2018, remaining relatively unchanged against the previous year. Over the period under review, papaya consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, the papaya market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Papaya Production in Latin America and the Caribbean

In value terms, papaya production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. The level of papaya production peaked at $X in 2017, and then declined slightly in the following year.

The countries with the highest volumes of papaya production in 2018 were Brazil (X tonnes), Mexico (X tonnes) and the Dominican Republic (X tonnes), with a combined X% share of total production. Cuba, Venezuela, Peru and Colombia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of papaya production, amongst the main producing countries, was attained by Cuba, while the other leaders experienced more modest paces of growth.

The average papaya yield totaled X tonne per ha in 2018, remaining constant against the previous year. In general, the papaya yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. The level of papaya yield peaked at X tonne per ha in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of papayas were harvested in Latin America and the Caribbean; leveling off at the previous year. Overall, the papaya harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when harvested area increased by X% against the previous year. The level of papaya harvested area peaked at X ha in 2016; however, from 2017 to 2018, harvested area stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of papaya production in 2018 were Brazil (X tonnes), Mexico (X tonnes) and the Dominican Republic (X tonnes), with a combined X% share of total production. Cuba, Venezuela, Peru and Colombia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of papaya production, amongst the main producing countries, was attained by Cuba, while the other leaders experienced more modest paces of growth.

Papaya Exports

Exports in Latin America and the Caribbean

The exports amounted to X tonnes in 2018, shrinking by -X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, papaya exports attained their maximum at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, papaya exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The level of exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

Mexico represented the largest exporter of papayas in Latin America and the Caribbean, with the volume of exports accounting for X tonnes, which was near X% of total exports in 2018. Guatemala (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (X%).

Exports from Mexico increased at an average annual rate of +X% from 2007 to 2018. At the same time, Guatemala (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2018. Mexico (+X p.p.), Guatemala (+X p.p.) and Brazil (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Guatemala ($X) appeared to be the countries with the highest levels of exports in 2018, together comprising X% of total exports.

In terms of the main exporting countries, Guatemala recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the papaya export price in Latin America and the Caribbean amounted to $X per tonne, surging by X% against the previous year. Overall, the papaya export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Brazil ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Guatemala, while the other leaders experienced more modest paces of growth.

Papaya Imports

Imports in Latin America and the Caribbean

In 2018, the papaya imports in Latin America and the Caribbean totaled X tonnes, declining by -X% against the previous year. Overall, papaya imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, papaya imports reached their peak of X tonnes, and then declined slightly in the following year.

In value terms, papaya imports stood at $X in 2018. Overall, papaya imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. The level of imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

El Salvador (X tonnes) represented roughly X% of total imports of papayas in 2018.

El Salvador was also the fastest-growing in terms of the papayas imports, with a CAGR of +X% from 2007 to 2018. From 2007 to 2018, the share of El Salvador increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, El Salvador ($X) constitutes the largest market for imported papayas in Latin America and the Caribbean.

In El Salvador, papaya imports increased at an average annual rate of +X% over the period from 2007-2018.

Import Prices by Country

The papaya import price in Latin America and the Caribbean stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the papaya import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for El Salvador.

From 2007 to 2018, the rate of growth in terms of prices for El Salvador amounted to -X% per year.

Source: IndexBox AI Platform

Product coverage:
• FCL 600 - Papayas

This report provides an in-depth analysis of the papaya 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 2030.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Barbados
• Bermuda
• British Virgin Islands
• Cayman Islands
• Curacao
• Falkland Islands (Malvinas)
• Grenada
• Guadeloupe
• Martinique
• Montserrat
• Nicaragua
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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