MERCOSUR: Leek Market 2024

Leek Market Size in MERCOSUR

The MERCOSUR leek market dropped slightly to $X in 2023, approximately equating the previous year. The total consumption 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, consumption increased by X% against 2021 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Leek Production in MERCOSUR

In value terms, leek production fell to $X in 2023 estimated in export price. Overall, production posted strong growth. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Peru (X tons) constituted the country with the largest volume of leek production, comprising approx. X% of total volume. It was followed by Colombia (X tons), with a X% share of total production.

In Peru, leek production remained relatively stable over the period from 2012-2023.

In 2023, the average leek yield in MERCOSUR totaled X tons per ha, surging by X% on the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The leek harvested area rose to X ha in 2023, increasing by X% against 2022. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2016 to 2023, the growth of the leek harvested area remained at a somewhat lower figure.

Leek Exports

Exports in MERCOSUR

In 2023, approx. X tons of leeks and other alliaceous vegetables were exported in MERCOSUR; declining by X% compared with 2022. Over the period under review, exports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2023, the growth of the exports failed to regain momentum.

In value terms, leek exports reduced to $X in 2023. Overall, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then shrank in the following year.

Exports by Country

Colombia was the main exporter of leeks and other alliaceous vegetables in MERCOSUR, with the volume of exports reaching X tons, which was near X% of total exports in 2023. Ecuador (X tons) held the second position in the ranking, followed by Brazil (X tons) and Peru (X tons). All these countries together held near X% share of total exports. Venezuela (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest leek supplying countries in MERCOSUR were Colombia ($X), Ecuador ($X) and Brazil ($X), together comprising X% of total exports.

Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 2023, the export price in MERCOSUR amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2022, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Leek Imports

Imports in MERCOSUR

In 2023, after three years of decline, there was significant growth in overseas purchases of leeks and other alliaceous vegetables, when their volume increased by X% to X tons. Over the period under review, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, leek imports surged to $X in 2023. In general, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Brazil represented the major importer of leeks and other alliaceous vegetables in MERCOSUR, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2023. It was distantly followed by Suriname (X tons), constituting a X% share of total imports. Ecuador (X kg) and Argentina (X kg) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the leeks and other alliaceous vegetables imports, with a CAGR of X% from 2012 to 2023. At the same time, Suriname (X%) displayed positive paces of growth. By contrast, Argentina (X%) and Ecuador (X%) illustrated a downward trend over the same period. Brazil (X p.p.), Suriname (X p.p.), Ecuador (X p.p.) and Argentina (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Brazil, leek imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Suriname (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price recorded a tangible increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the import prices remained at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform