MERCOSUR: Garlic Market 2024

Garlic Market Size in MERCOSUR

The MERCOSUR garlic market was finally on the rise to reach $X in 2023, after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Garlic Production in MERCOSUR

In value terms, garlic production reached $X in 2023 estimated in export price. The total production indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Brazil (X tons), Argentina (X tons) and Peru (X tons), together accounting for X% of total production.

From 2012 to 2023, the biggest increases were recorded for Brazil (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average garlic yield fell modestly to X tons per ha in 2023, with a decrease of X% against the previous year. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2022, and then dropped slightly 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 2023, the harvested area of garlic in MERCOSUR dropped modestly to X ha, remaining constant against the year before. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to garlic production attained the peak figure at X ha in 2022, and then dropped in the following year.

Garlic Exports

Exports in MERCOSUR

In 2023, shipments abroad of garlic decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Total exports indicated a temperate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2022, and then declined in the following year.

In value terms, garlic exports contracted sharply to $X in 2023. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

Exports by Country

Argentina dominates exports structure, reaching X tons, which was near X% of total exports in 2023. It was distantly followed by Peru (X tons) and Chile (X tons), together creating a X% share of total exports.

Exports from Argentina increased at an average annual rate of X% from 2012 to 2023. At the same time, Peru (X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Chile (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Peru increased by X percentage points.

In value terms, Argentina ($X) remains the largest garlic supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Argentina stood at X%. In the other countries, the average annual rates were as follows: Peru (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, reducing by X% against the previous year. In general, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2023, 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 ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced mixed trends in the export price figures.

Garlic Imports

Imports in MERCOSUR

In 2023, overseas purchases of garlic decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, imports showed a mild contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, garlic imports declined to $X in 2023. In general, imports recorded a slight downturn. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Brazil (X tons) represented the major importer of garlic, committing X% of total imports. Colombia (X tons) ranks second in terms of the total imports with an X% share, followed by Ecuador (X%) and Chile (X%). Paraguay (X tons) held a little share of total imports.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2023. At the same time, Paraguay (X%), Chile (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. Colombia experienced a relatively flat trend pattern. Ecuador (X p.p.), Colombia (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported garlic in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

In Brazil, garlic imports contracted by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Ecuador (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Paraguay ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform