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Latin America and the Caribbean - Pulses - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Pulses Market Overview 2021

Pulses Market Size in Latin America and the Caribbean

The Latin American pulses market skyrocketed to $X in 2020, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2011; afterwards, it flattened through to 2020.

Pulses Production in Latin America and the Caribbean

In value terms, pulses production surged to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. The level of production peaked in 2020 and is likely to see steady growth in the near future.

The country with the largest volume of pulses production was Brazil (X tonnes), comprising approx. X% of total volume. Moreover, pulses production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), threefold. The third position in this ranking was occupied by Argentina (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Mexico (-X% per year) and Argentina (+X% per year).

In 2020, the average yield of pulses in Latin America and the Caribbean totaled X tonnes per ha, with an increase of X% against 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the pulses yield reached the maximum level in 2020 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of pulses production in Latin America and the Caribbean shrank to X ha, approximately equating 2019. Over the period under review, the harvested area saw a slight setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2009; however, from 2010 to 2020, the harvested area stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) remains the largest pulses producing country in Latin America and the Caribbean, accounting for X% of total volume. Moreover, pulses production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), threefold. Argentina (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Brazil was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Mexico (-X% per year) and Argentina (+X% per year).

Pulses Exports

Exports in Latin America and the Caribbean

In 2020, approx. X tonnes of pulses were exported in Latin America and the Caribbean; waning by -X% compared with 2019 figures. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, pulses exports contracted remarkably to $X in 2020. Total exports indicated a perceptible expansion from 2007 to 2020: its value decreased 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, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Argentina was the major exporter of pulses in Latin America and the Caribbean, with the volume of exports recording X tonnes, which was near X% of total exports in 2020. It was distantly followed by Mexico (X tonnes), Brazil (X tonnes) and Nicaragua (X tonnes), together mixing up a X% share of total exports. Bolivia (X tonnes) and Peru (X tonnes) took a little share of total exports.

From 2007 to 2020, average annual rates of growth with regard to pulses exports from Argentina stood at -X%. At the same time, Brazil (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Nicaragua experienced a relatively flat trend pattern. By contrast, Bolivia (-X%) and Peru (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Brazil and Mexico increased by +X% and +X% percentage points, while Bolivia (-X p.p.), Peru (-X p.p.) and Argentina (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X), Mexico ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2020, together accounting for X% of total exports.

In terms of the main exporting countries, Brazil saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The pulses export price in Latin America and the Caribbean stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

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

Pulses Imports

Imports in Latin America and the Caribbean

For the fourth year in a row, LatAmerica and the Caribbean recorded decline in purchases abroad of pulses, which decreased by -X% to X tonnes in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, pulses imports stood at $X in 2020. Total imports indicated noticeable growth from 2007 to 2020: its value 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 decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

The countries with the highest levels of pulses imports in 2020 were Brazil (X tonnes), Colombia (X tonnes), Mexico (X tonnes) and Peru (X tonnes), together resulting at X% of total import. Cuba (X tonnes) occupied an X% share (based on tonnes) of total imports, which put it in second place, followed by Venezuela (X%). The Dominican Republic (X tonnes), El Salvador (X tonnes), Ecuador (X tonnes), Chile (X tonnes), Haiti (X tonnes), Guatemala (X tonnes) and Costa Rica (X tonnes) took a little share of total imports.

From 2007 to 2020, the biggest increases were in Peru, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pulses importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Colombia ($X), together comprising X% of total imports. These countries were followed by Peru, El Salvador, the Dominican Republic, Cuba, Venezuela, Haiti, Guatemala, Chile, Ecuador and Costa Rica, which together accounted for a further X the main importing countries, El Salvador saw 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

The pulses import price in Latin America and the Caribbean stood at $X per tonne in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pulses in LatAmerica and the Caribbean?
+
Brazil (3M tonnes) remains the largest pulses consuming country in Latin America and the Caribbean, comprising approx. 40% of total volume. Moreover, pulses consumption in Brazil exceeded the figures recorded by the second-largest consumer, Mexico (1.2M tonnes), threefold. Argentina (631K tonnes) ranked third in terms of total consumption with a 8.3% share.
What are the largest producers of pulses in LatAmerica and the Caribbean?
+
Brazil (2.9M tonnes) constituted the country with the largest volume of pulses production, accounting for 41% of total volume. Moreover, pulses production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (1.1M tonnes), threefold. Argentina (899K tonnes) ranked third in terms of total production with a 13% share.
What are the leading exporters of pulses in LatAmerica and the Caribbean?
+
In value terms, the largest pulses supplying countries in Latin America and the Caribbean were Argentina ($236M), Mexico ($152M) and Brazil ($84M), together accounting for 77% of total exports.
What are the leading importers of pulses in LatAmerica and the Caribbean?
+
In value terms, Mexico ($154M), Brazil ($125M) and Colombia ($102M) were the countries with the highest levels of imports in 2020, together accounting for 45% of total imports. These countries were followed by Peru, El Salvador, the Dominican Republic, Cuba, Venezuela, Haiti, Guatemala, Chile, Ecuador and Costa Rica, which together accounted for a further 49%.
What is the average export price for pulses in LatAmerica and the Caribbean?
+
In 2020, the pulses export price in Latin America and the Caribbean amounted to $989 per tonne, growing by 19% against the previous year.
What is the average import price for pulses in LatAmerica and the Caribbean?
+
The pulses import price in Latin America and the Caribbean stood at $722 per tonne in 2020, increasing by 6.1% against the previous year.

Product coverage:
• FCL 203 - Bambara beans
• FCL 176 - Beans, dry
• FCL 181 - Broad beans, dry
• FCL 191 - Chick-peas, dry
• FCL 195 - Cow peas, dry
• FCL 201 - Lentils, dry
• FCL 187 - Peas, dry
• FCL 197 - Pigeon peas
• FCL 211 - Pulses nes

This report provides an in-depth analysis of the pulses 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.



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 2007–2020
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:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
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:
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, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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