MERCOSUR - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMERCOSUR: Spinach Market 2024
Spinach Market Size in MERCOSUR
In 2023, after four years of decline, there was growth in the MERCOSUR spinach market, when its value increased by X% to $X. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.
Spinach Production in MERCOSUR
In value terms, spinach production dropped modestly to $X in 2023 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.
Peru (X tons) constituted the country with the largest volume of spinach production, comprising approx. X% of total volume. Moreover, spinach production in Peru exceeded the figures recorded by the second-largest producer, Venezuela (X tons), sixfold.
From 2012 to 2023, the average annual growth rate of volume in Peru was relatively modest. In the other countries, the average annual rates were as follows: Venezuela (X% per year) and Colombia (X% per year).
The average spinach yield contracted sharply to X tons per ha in 2023, waning by X% against 2022 figures. Over the period under review, the yield recorded a perceptible descent. The growth pace was the most rapid in 2022 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha, and then fell markedly 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, approx. X ha of spinach were harvested in MERCOSUR; growing by X% compared with 2022 figures. In general, the harvested area posted pronounced growth. Over the period under review, the harvested area dedicated to spinach production reached the maximum at X ha in 2021; however, from 2022 to 2023, the harvested area failed to regain momentum.
Spinach Exports
Exports in MERCOSUR
In 2023, spinach exports in MERCOSUR soared to X tons, with an increase of X% against 2022 figures. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of export peaked in 2023 and is likely to see gradual growth in years to come.
In value terms, spinach exports skyrocketed to $X in 2023. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked in 2023 and is likely to see steady growth in years to come.
Exports by Country
Brazil represented the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Guyana (X tons), mixing up a X% share of total exports. Ecuador (X tons) held a relatively small share of total exports.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Brazil ($X) remains the largest spinach supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Guyana ($X), with an X% share of total exports.
In Brazil, spinach exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Guyana (X% per year) and Ecuador (X% per year).
Export Prices by Country
In 2023, the export price in MERCOSUR amounted to $X per ton, waning by X% against the previous year. Export price indicated a noticeable increase from 2012 to 2023: its price 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, spinach export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Guyana ($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 a decline in the export price figures.
Spinach Imports
Imports in MERCOSUR
In 2023, supplies from abroad of spinach increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see gradual growth in the near future.
In value terms, spinach imports expanded markedly to $X in 2023. Over the period under review, imports enjoyed tangible growth. 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 $X. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
Guyana was the largest importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Paraguay (X tons), achieving an X% share of total imports.
Guyana was also the fastest-growing in terms of the spinach imports, with a CAGR of X% from 2012 to 2023. At the same time, Paraguay (X%) displayed positive paces of growth. Guyana (X p.p.) and Paraguay (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Guyana ($X) constitutes the largest market for imported spinach in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Paraguay ($X), with a X% share of total imports.
In Guyana, spinach imports expanded at an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
In 2023, the import price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per ton), while Guyana stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Guyana (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the spinach market in MERCOSUR. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 373 - Spinach
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in MERCOSUR, split by region and country
- Trade (exports and imports) in MERCOSUR
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Argentina
- Brazil
- Chile
- Colombia
- Ecuador
- Guyana
- Paraguay
- Peru
- Suriname
- Uruguay
- Venezuela
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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