MERCOSUR: Dried Vegetables Market 2024

Dried Vegetables Market Size in MERCOSUR

The MERCOSUR dried vegetables market reached $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Dried Vegetables Production in MERCOSUR

In value terms, dried vegetables production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Dried Vegetables Exports

Exports in MERCOSUR

Dried vegetables exports contracted dramatically to X tons in 2022, falling by X% compared with 2021. In general, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank sharply in the following year.

In value terms, dried vegetables exports declined to $X in 2022. Total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Peru (X tons) represented the largest exporter of dried vegetables and mixtures of vegetables, creating X% of total exports. It was distantly followed by Chile (X tons), mixing up a X% share of total exports. The following exporters - Colombia (X tons) and Brazil (X tons) - each accounted for a X% share of total exports.

Peru was also the fastest-growing in terms of the dried vegetables and mixtures of vegetables exports, with a CAGR of X% from 2012 to 2022. At the same time, Brazil (X%) and Chile (X%) displayed positive paces of growth. By contrast, Colombia (X%) illustrated a downward trend over the same period. While the share of Peru (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Chile (X p.p.) and Colombia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Peru ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Chile, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced mixed trends in the export price figures.

Dried Vegetables Imports

Imports in MERCOSUR

Dried vegetables imports expanded modestly to X tons in 2022, increasing by X% compared with the year before. Total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, dried vegetables imports expanded notably to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil was the main importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Chile (X tons), Ecuador (X tons), Argentina (X tons) and Colombia (X tons), together mixing up a X% share of total imports. Uruguay (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to dried vegetables imports into Brazil stood at X%. At the same time, Ecuador (X%), Colombia (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Chile and Uruguay experienced a relatively flat trend pattern. From 2012 to 2022, the share of Ecuador and Colombia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported dried vegetables and mixtures of vegetables in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, dried vegetables imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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