Latin America and the Caribbean: Raspberry And Blackberry Market 2024

Raspberry And Blackberry Market Size in Latin America and the Caribbean

The Latin American raspberry and blackberry market declined remarkably to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Raspberry And Blackberry Production in Latin America and the Caribbean

In value terms, raspberry and blackberry production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed significant growth. The growth pace was the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mexico (X tons) remains the largest raspberry and blackberry producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, raspberry and blackberry production in Mexico exceeded the figures recorded by the second-largest producer, Chile (X tons), ninefold.

In Mexico, raspberry and blackberry production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Guatemala (X% per year).

The average raspberry and blackberry yield amounted to X tons per ha in 2022, stabilizing at the previous year. Over the period under review, the yield, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2016 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2014; however, from 2015 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of raspberries and blackberries were harvested in Latin America and the Caribbean; rising by X% against the year before. Overall, the harvested area saw a prominent increase. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to raspberry and blackberry production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Raspberry And Blackberry Exports

Exports in Latin America and the Caribbean

For the fifth consecutive year, LatAmerica and the Caribbean recorded growth in shipments abroad of raspberries and blackberries, which increased by X% to X tons in 2022. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, raspberry and blackberry exports stood at $X in 2022. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Mexico dominates exports structure, reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Guatemala (X tons), comprising a X% share of total exports.

Mexico was also the fastest-growing in terms of the raspberries and blackberries exports, with a CAGR of X% from 2012 to 2022. Guatemala experienced a relatively flat trend pattern. Mexico (X p.p.) significantly strengthened its position in terms of the total exports, while Guatemala saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mexico ($X) remains the largest raspberry and blackberry supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Guatemala ($X), with a X% share of total exports.

In Mexico, raspberry and blackberry exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Guatemala stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (X%).

Raspberry And Blackberry Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of raspberries and blackberries increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, raspberry and blackberry imports skyrocketed to $X in 2022. Overall, imports showed a prominent expansion. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Bahamas was the largest importer of raspberries and blackberries in Latin America and the Caribbean, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. Mexico (X tons) ranks second in terms of the total imports with a X% share, followed by Jamaica (X%) and Antigua and Barbuda (X%). The following importers - El Salvador (X tons), Barbados (X tons), Panama (X tons), Guyana (X tons), Trinidad and Tobago (X tons), Aruba (X tons), Saint Kitts and Nevis (X tons) and Belize (X tons) - together made up X% of total imports.

Imports into Bahamas increased at an average annual rate of X% from 2012 to 2022. At the same time, Belize (X%), Saint Kitts and Nevis (X%), El Salvador (X%), Jamaica (X%), Panama (X%), Antigua and Barbuda (X%), Mexico (X%), Trinidad and Tobago (X%), Aruba (X%), Barbados (X%) and Guyana (X%) displayed positive paces of growth. Moreover, Belize emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Bahamas (X p.p.), Panama (X p.p.), El Salvador (X p.p.), Jamaica (X p.p.) and Belize (X p.p.) significantly strengthened its position in terms of the total imports, while Mexico, Barbados and Guyana saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bahamas ($X) constitutes the largest market for imported raspberries and blackberries in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports. It was followed by Panama, with a X% share.

In Bahamas, raspberry and blackberry imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Panama (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price recorded a noticeable decrease. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Panama ($X per ton), while Belize ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guyana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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