Uruguay: Grapefruit Market 2023

Grapefruit Market Size in Uruguay

In 2022, after two years of growth, there was significant decline in the Uruguayan grapefruit market, when its value decreased by -6.3% to $X. Overall, consumption showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Grapefruit Production in Uruguay

In value terms, grapefruit production dropped modestly to $X in 2022 estimated in export price. In general, production faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of 48% against the previous year. Grapefruit production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average grapefruit yield in Uruguay dropped rapidly to X tons per ha, waning by -27.6% on the previous year's figure. In general, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 242%. Over the period under review, the average grapefruit yield attained the peak level at X tons per ha in 2021, and then declined dramatically 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 grapefruit harvested area in Uruguay totaled X ha, remaining constant against the previous year's figure. Overall, the harvested area showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 6% against the previous year. The grapefruit harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Grapefruit Exports

Exports from Uruguay

Grapefruit exports from Uruguay shrank rapidly to X tons in 2022, waning by -20% against the year before. Overall, exports, however, saw a mild increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,543%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, grapefruit exports fell remarkably to $X in 2022. Over the period under review, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2017 with an increase of 1,549% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for grapefruit exports from Uruguay, with a 99% share of total exports. It was followed by the UK (X kg), with a 1.4% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Brazil stood at +5.5%.

In value terms, Brazil ($X) remains the key foreign market for grapefruits exports from Uruguay, comprising 95% of total exports. The second position in the ranking was taken by the UK ($X), with a 5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Brazil amounted to +3.1%.

Export Prices by Country

In 2022, the average grapefruit export price amounted to $X per ton, leveling off at the previous year. Overall, the export price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2016 an increase of 53%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Grapefruit Imports

Imports into Uruguay

In 2022, grapefruit imports into Uruguay soared to X tons, increasing by 150% against 2021. In general, imports enjoyed a prominent expansion. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, grapefruit imports surged to $X in 2022. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 135%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Egypt (X tons), Argentina (X tons) and Chile (X tons) were the main suppliers of grapefruit imports to Uruguay, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +595.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grapefruit suppliers to Uruguay were Egypt ($X), Argentina ($X) and Chile ($X), together comprising 80% of total imports.

Egypt, with a CAGR of +622.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average grapefruit import price amounted to $X per ton, waning by -9.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 14%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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