Latin America and the Caribbean - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Abstract
Description
Table of Contents
Latin America and the Caribbean: Pyrethrum And Peppermint Market Overview 2019
Pyrethrum And Peppermint Market Size in Latin America and the Caribbean
The revenue of the pyrethrum and peppermint market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when market value increased by X% against the previous year. Over the period under review, the pyrethrum and peppermint market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.
Pyrethrum And Peppermint Production in Latin America and the Caribbean
In 2017, approx. X tonnes of pyrethrum and peppermint were produced in Latin America and the Caribbean; standing approx. at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the pyrethrum and peppermint production attained its peak figure volume in 2017, and is likely to continue its growth in the near future. The general positive trend in terms of pyrethrum and peppermint output was largely conditioned by a slight expansion of the harvested area and a moderate increase in yield figures.
The country with the largest volume of pyrethrum and peppermint production was Mexico (X tonnes), accounting for X% of total production. Moreover, pyrethrum and peppermint production in Mexico exceeded the figures recorded by the world's second largest producer, Chile (X tonnes), threefold. Peru (X tonnes) ranked third in terms of total production with a X% share.
In Mexico, pyrethrum and peppermint production expanded at an average annual rate of +X% over the period from 2007-2017. The remaining producing countries recorded the following average annual rates of production growth: Chile (+X% per year) and Peru (+X% per year).
In 2017, average pyrethrum and peppermint yield in Latin America and the Caribbean amounted to X tonne per ha, remaining stable against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2009, when yield increased by X% against the previous year. Over the period under review, the pyrethrum and peppermint yield reached its peak figure level of X tonne per ha in 2016, leveling off in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2017, harvested area of pyrethrum and peppermint in Latin America and the Caribbean totaled X ha, remaining stable against the previous year. The pyrethrum and peppermint harvested area continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to pyrethrum and peppermint production attained its maximum of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
Pyrethrum And Peppermint Exports
Exports in Latin America and the Caribbean
In 2017, the amount of pyrethrum and peppermint exported in Latin America and the Caribbean amounted to X tonnes, rising by X% against the previous year. The pyrethrum and peppermint exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the pyrethrum and peppermint exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
In value terms, pyrethrum and peppermint exports stood at $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pyrethrum and peppermint exports increased by +X% against 2015 indices. Over the period under review, the pyrethrum and peppermint exports attained its maximum level in 2017, and are likely to continue its growth in the immediate term.
Exports by Country
Mexico was the major exporting country with an export of about X tonnes, which resulted at X% of total exports. Chile (X tonnes) took the second position in the ranking, followed by Colombia (X tonnes), Peru (X tonnes) and the Dominican Republic (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - Brazil (X tonnes) and Paraguay (X tonnes) each reached a X% share of total exports.
From 2007 to 2017, average annual rates of growth with regard to pyrethrum and peppermint exports from Mexico stood at -X%. At the same time, Colombia (+X%), Peru (+X%) and Paraguay (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Brazil experienced a relatively flat trend pattern. By contrast, Chile (-X%) and the Dominican Republic (-X%) illustrated a downward trend over the same period. Mexico (X%), the Dominican Republic (X%) and Chile (X%) significantly strengthened its position in terms of the global exports, while Peru and Colombia saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mexico ($X) remains the largest pyrethrum and peppermint supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Chile ($X), with a X% share of global exports. It was followed by Colombia, with a X% share.
From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+X% per year) and Colombia (+X% per year).
Export Prices by Country
The pyrethrum and peppermint export price in Latin America and the Caribbean stood at $X per tonne in 2017, surging by X% against the previous year. The export price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for pyrethrum and peppermint reached its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.
There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per tonne), while the Dominican Republic ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.
Pyrethrum And Peppermint Imports
Imports in Latin America and the Caribbean
The imports totaled X tonnes in 2017, picking up by X% against the previous year. The pyrethrum and peppermint imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the pyrethrum and peppermint imports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.
In value terms, pyrethrum and peppermint imports totaled $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked in 2017, and are likely to continue its growth in the near future.
Imports by Country
In 2017, Mexico (X tonnes) represented the major importer for pyrethrum and peppermint, committing X% of total imports. Brazil (X tonnes) held the second position in the ranking, distantly followed by Argentina (X tonnes). All these countries together took near X% share of total imports. Guatemala (X tonnes), Chile (X tonnes) and Venezuela (X tonnes) followed a long way behind the leaders.
From 2007 to 2017, average annual rates of growth with regard to pyrethrum and peppermint imports into Mexico stood at +X%. At the same time, Guatemala (+X%), Venezuela (+X%), Brazil (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Chile experienced a relatively flat trend pattern. While the share of Guatemala (-X%), Brazil (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mexico ($X) constitutes the largest market for imported pyrethrum and peppermint in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.
In Mexico, pyrethrum and peppermint imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).
Import Prices by Country
The pyrethrum and peppermint import price in Latin America and the Caribbean stood at $X per tonne in 2017, remaining relatively unchanged against the previous year. The pyrethrum and peppermint import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for pyrethrum and peppermint attained their peak level of $X per tonne. From 2009 to 2017, growth of the import prices for pyrethrum and peppermint stood at a somewhat lower level.
Import prices varied noticeably by the country of destination; the country with the highest import price was Venezuela ($X per tonne), while Guatemala ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.
Pyrethrum And Peppermint Market Size in Latin America and the Caribbean
The revenue of the pyrethrum and peppermint market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when market value increased by X% against the previous year. Over the period under review, the pyrethrum and peppermint market reached its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.
Pyrethrum And Peppermint Production in Latin America and the Caribbean
In 2017, approx. X tonnes of pyrethrum and peppermint were produced in Latin America and the Caribbean; standing approx. at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the pyrethrum and peppermint production attained its peak figure volume in 2017, and is likely to continue its growth in the near future. The general positive trend in terms of pyrethrum and peppermint output was largely conditioned by a slight expansion of the harvested area and a moderate increase in yield figures.
The country with the largest volume of pyrethrum and peppermint production was Mexico (X tonnes), accounting for X% of total production. Moreover, pyrethrum and peppermint production in Mexico exceeded the figures recorded by the world's second largest producer, Chile (X tonnes), threefold. Peru (X tonnes) ranked third in terms of total production with a X% share.
In Mexico, pyrethrum and peppermint production expanded at an average annual rate of +X% over the period from 2007-2017. The remaining producing countries recorded the following average annual rates of production growth: Chile (+X% per year) and Peru (+X% per year).
In 2017, average pyrethrum and peppermint yield in Latin America and the Caribbean amounted to X tonne per ha, remaining stable against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2009, when yield increased by X% against the previous year. Over the period under review, the pyrethrum and peppermint yield reached its peak figure level of X tonne per ha in 2016, leveling off in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2017, harvested area of pyrethrum and peppermint in Latin America and the Caribbean totaled X ha, remaining stable against the previous year. The pyrethrum and peppermint harvested area continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to pyrethrum and peppermint production attained its maximum of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
Pyrethrum And Peppermint Exports
Exports in Latin America and the Caribbean
In 2017, the amount of pyrethrum and peppermint exported in Latin America and the Caribbean amounted to X tonnes, rising by X% against the previous year. The pyrethrum and peppermint exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the pyrethrum and peppermint exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
In value terms, pyrethrum and peppermint exports stood at $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the pyrethrum and peppermint exports increased by +X% against 2015 indices. Over the period under review, the pyrethrum and peppermint exports attained its maximum level in 2017, and are likely to continue its growth in the immediate term.
Exports by Country
Mexico was the major exporting country with an export of about X tonnes, which resulted at X% of total exports. Chile (X tonnes) took the second position in the ranking, followed by Colombia (X tonnes), Peru (X tonnes) and the Dominican Republic (X tonnes). All these countries together took approx. X% share of total exports. The following exporters - Brazil (X tonnes) and Paraguay (X tonnes) each reached a X% share of total exports.
From 2007 to 2017, average annual rates of growth with regard to pyrethrum and peppermint exports from Mexico stood at -X%. At the same time, Colombia (+X%), Peru (+X%) and Paraguay (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Brazil experienced a relatively flat trend pattern. By contrast, Chile (-X%) and the Dominican Republic (-X%) illustrated a downward trend over the same period. Mexico (X%), the Dominican Republic (X%) and Chile (X%) significantly strengthened its position in terms of the global exports, while Peru and Colombia saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mexico ($X) remains the largest pyrethrum and peppermint supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Chile ($X), with a X% share of global exports. It was followed by Colombia, with a X% share.
From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+X% per year) and Colombia (+X% per year).
Export Prices by Country
The pyrethrum and peppermint export price in Latin America and the Caribbean stood at $X per tonne in 2017, surging by X% against the previous year. The export price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. Over the period under review, the export prices for pyrethrum and peppermint reached its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.
There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per tonne), while the Dominican Republic ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.
Pyrethrum And Peppermint Imports
Imports in Latin America and the Caribbean
The imports totaled X tonnes in 2017, picking up by X% against the previous year. The pyrethrum and peppermint imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the pyrethrum and peppermint imports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.
In value terms, pyrethrum and peppermint imports totaled $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked in 2017, and are likely to continue its growth in the near future.
Imports by Country
In 2017, Mexico (X tonnes) represented the major importer for pyrethrum and peppermint, committing X% of total imports. Brazil (X tonnes) held the second position in the ranking, distantly followed by Argentina (X tonnes). All these countries together took near X% share of total imports. Guatemala (X tonnes), Chile (X tonnes) and Venezuela (X tonnes) followed a long way behind the leaders.
From 2007 to 2017, average annual rates of growth with regard to pyrethrum and peppermint imports into Mexico stood at +X%. At the same time, Guatemala (+X%), Venezuela (+X%), Brazil (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Chile experienced a relatively flat trend pattern. While the share of Guatemala (-X%), Brazil (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Mexico ($X) constitutes the largest market for imported pyrethrum and peppermint in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.
In Mexico, pyrethrum and peppermint imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).
Import Prices by Country
The pyrethrum and peppermint import price in Latin America and the Caribbean stood at $X per tonne in 2017, remaining relatively unchanged against the previous year. The pyrethrum and peppermint import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for pyrethrum and peppermint attained their peak level of $X per tonne. From 2009 to 2017, growth of the import prices for pyrethrum and peppermint stood at a somewhat lower level.
Import prices varied noticeably by the country of destination; the country with the highest import price was Venezuela ($X per tonne), while Guatemala ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Chile (+X% per year), while the other leaders experienced more modest paces of growth.
Product coverage:
FCL 754 - Pyrethrum, dried flowers;
FCL 748 - Peppermint, Spearmint.
This report provides an in-depth analysis of the pyrethrum and peppermint 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, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia (Plurinational State of), Brazil, Br. Virgin Isds, Cayman Isds, Chile, Colombia, Costa Rica, Cuba, Curaçao, Dominica, Dominican Rep., Ecuador, El Salvador, Falkland Isds (Malvinas), French Guiana, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Jamaica, Martinique, Mexico, Montserrat, Neth. Antilles, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Saint Maarten, Saint-Martin (French Part), Suriname, Trinidad and Tobago, Turks and Caicos Isds, US Virgin Isds, Uruguay, Venezuela.
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.
FCL 754 - Pyrethrum, dried flowers;
FCL 748 - Peppermint, Spearmint.
This report provides an in-depth analysis of the pyrethrum and peppermint 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, Argentina, Aruba, Bahamas, Barbados, Belize, Bermuda, Bolivia (Plurinational State of), Brazil, Br. Virgin Isds, Cayman Isds, Chile, Colombia, Costa Rica, Cuba, Curaçao, Dominica, Dominican Rep., Ecuador, El Salvador, Falkland Isds (Malvinas), French Guiana, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Jamaica, Martinique, Mexico, Montserrat, Neth. Antilles, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Saint Maarten, Saint-Martin (French Part), Suriname, Trinidad and Tobago, Turks and Caicos Isds, US Virgin Isds, Uruguay, Venezuela.
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.
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