MERCOSUR: Fruit Market 2023

Fruit Market Size in MERCOSUR

The MERCOSUR fruit market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 6.1%. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Fruit Production in MERCOSUR

In value terms, fruit production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 6.6%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Brazil (X tons) constituted the country with the largest volume of fruit production, comprising approx. 46% of total volume. Moreover, fruit production in Brazil exceeded the figures recorded by the second-largest producer, Colombia (X tons), fourfold. Ecuador (X tons) ranked third in terms of total production with an 11% share.

In Brazil, fruit production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (+0.3% per year) and Ecuador (+0.8% per year).

In 2022, the average fruit yield in MERCOSUR contracted modestly to X tons per ha, flattening at 2021. In general, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by 2.8% against the previous year. Over the period under review, the fruit yield reached the maximum level at X tons per ha in 2021, and then shrank 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 2022, the fruit harvested area in MERCOSUR fell slightly to X ha, remaining relatively unchanged against the year before. Overall, the harvested area recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 2.8% against the previous year. Over the period under review, the harvested area dedicated to fruit production attained the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

Fruit Exports

Exports in MERCOSUR

In 2022, shipments abroad of fruits decreased by -14% to X tons for the first time since 2014, thus ending a seven-year rising trend. The total export volume increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 11%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, fruit exports shrank to $X in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 10%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Ecuador (X tons), Colombia (X tons), Chile (X tons) and Peru (X tons) was the largest exporter of fruits in MERCOSUR, generating 83% of total export. Brazil (X tons) took the next position in the ranking, followed by Argentina (X tons). All these countries together took near 16% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Peru (with a CAGR of +14.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fruit supplying countries in MERCOSUR were Peru ($X), Chile ($X) and Ecuador ($X), together comprising 75% of total exports.

Peru, with a CAGR of +16.6%, saw the highest rates of growth with regard to 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

In 2022, the export price in MERCOSUR amounted to $X per ton, increasing by 5.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 an increase of 10% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Peru ($X per ton), while Colombia ($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 (+2.5%), while the other leaders experienced more modest paces of growth.

Fruit Imports

Imports in MERCOSUR

In 2022, supplies from abroad of fruits decreased by -13.4% to X tons, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 6.6%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, fruit imports declined to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 9.6% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Brazil (X tons), Chile (X tons) and Argentina (X tons) was the key importer of fruits in MERCOSUR, committing 72% of total import. It was distantly followed by Colombia (X tons) and Paraguay (X tons), together mixing up a 15% share of total imports. The following importers - Peru (X tons) and Uruguay (X tons) - each recorded an 8.5% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +5.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 72% of total imports.

Chile, with a CAGR of +10.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, growing by 9.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2021 when the import price increased by 10%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 Colombia ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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