MERCOSUR: Preserved Peas Market 2024

Preserved Peas Market Size in MERCOSUR

The MERCOSUR preserved peas market reduced modestly to $X in 2022, leveling off at the previous year. In general, consumption saw a slight setback. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Preserved Peas Production in MERCOSUR

In value terms, preserved peas production reached $X in 2022 estimated in export price. Over the period under review, production showed a slight slump. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Preserved Peas Exports

Exports in MERCOSUR

In 2022, after two years of decline, there was significant growth in overseas shipments of preserved peas, when their volume increased by X% to X tons. Overall, exports, however, recorded a perceptible downturn. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved peas exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced reduction. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil dominates exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Argentina (X tons), comprising a X% share of total exports. Chile (X tons) held a minor share of total exports.

Brazil was also the fastest-growing in terms of the preserved peas exports, with a CAGR of X% from 2012 to 2022. Chile experienced a relatively flat trend pattern. Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced mixed trends in the export price figures.

Preserved Peas Imports

Imports in MERCOSUR

In 2022, approx. X tons of preserved peas were imported in MERCOSUR; jumping by X% on 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, preserved peas imports soared to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Uruguay was the key importer of preserved peas in MERCOSUR, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Paraguay (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%). The following importers - Argentina (X tons), Venezuela (X tons), Guyana (X tons) and Suriname (X tons) - together made up X% of total imports.

Imports into Uruguay decreased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%), Argentina (X%), Guyana (X%) and Paraguay (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Suriname experienced a relatively flat trend pattern. By contrast, Venezuela (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile, Argentina and Paraguay increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uruguay ($X), Paraguay ($X) and Chile ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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