Not further prepared dried vegetables market in Latin America and the Caribbean

Earlier Report Observations

The market volume for not further prepared dried vegetables in Latin America and the Caribbean expanded from 63 138 t in 2018 to 75 397 t in 2020, a 19% increase over two years. This growth was primarily fueled by rising consumer demand for healthy, long-shelf-life food products and the adoption of new technologies to enhance product safety and quality. The COVID-19 pandemic in 2020 further accelerated demand for convenient and nutrient-retaining foods, leading to a sharp rise in consumption.

Following the pandemic-driven surge, market growth moderated in 2021, with volume reaching 76 048 t, reflecting a stabilization phase. However, in 2022, the market rebounded to 79 933 t, supported by advancements in drying technology and increased use of dried vegetables in snack and ready-meal segments.

In 2023, the market experienced a 2.6% contraction to 77 892 t. During this period, manufacturers introduced clean-label products free from artificial additives and expanded the application of dried vegetables in soups, sauces, and ready-to-eat dishes, aligning with ongoing shifts toward convenience and health-oriented offerings.

Production not further prepared dried vegetables in Latin America and the Caribbean

In kind, 2017-2020, t

Top producers of not further prepared dried vegetables, 2017-2020

World map of production of not further prepared dried vegetables, 2017-2020

In 2019, Latin America and the Caribbean produced 17,461 tonnes of not further prepared dried vegetables, marking the lowest output in recent years with a decline of 6.8%. Production then increased by 7.7% in 2020, reaching 18,808 tonnes.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, t

Exports not further prepared dried vegetables from Latin America and the Caribbean

Exports in kind, t

Exports of not further prepared dried vegetables from Latin America and the Caribbean showed significant volatility during this period. The lowest point was in 2018 at 4,702 tonnes, representing a 32.5% decline. Exports then surged by 123.5% in 2020 to reach 10,682 tonnes, which was 2.3 times higher than the 2018 level.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, t

From 2017 to 2020, export destinations for not further prepared dried vegetables were relatively balanced rather than concentrated. The United States accounted for 36.7% of exports, Germany for 6.1%, and France for 1.6%, together representing 44.4% of total flows. The remaining 55.6% was distributed among numerous other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Exports in value, M $ US

The value of not further prepared dried vegetable exports from Latin America and the Caribbean increased for the second consecutive year. In 2018, exports reached their lowest point at $32.0 million, reflecting a 29.5% decline. By 2020, exports had grown by 49.8% to $52.0 million. Over the entire 2017-2020 period, exports increased by 14.6%, with a compound annual growth rate of 4.7%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, M $ US

Between 2017 and 2020, the United States was the primary destination for exports in value terms, accounting for 36.0% of total flows. Germany followed with 19.9%, and France with 7.1%. Together, these three countries represented 63.1% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Imports not further prepared dried vegetables to Latin America and the Caribbean

Imports in kind, t

Imports of not further prepared dried vegetables into Latin America and the Caribbean increased for the second consecutive year. In 2018, imports reached their lowest volume at 49,106 tonnes, declining by 6.9%. By 2020, imports had grown by 24.5% to 67,271 tonnes. Over the 2017-2020 period, imports increased by 27.5%, with a compound annual growth rate of 8.4%.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, t

From 2017 to 2020, three countries dominated imports of not further prepared dried vegetables into Latin America and the Caribbean. China, the United States, and India together accounted for 75.5% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Imports in value, M $ US

The value of not further prepared dried vegetable imports into Latin America and the Caribbean increased for the second consecutive year. In 2018, imports reached their lowest value at $137.1 million, declining by 29.5%. By 2020, imports had grown by 16.7% to $164.3 million. However, over the entire 2017-2020 period, import value decreased by 15.5%, with a compound annual growth rate of 5.4%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, M $ US

Between 2017 and 2020, China was the leading source of imports in value terms, accounting for 44.9% of total flows. The United States followed with 21.6%, and India with 9.8%. Together, these three countries represented 76.2% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Latin America and the Caribbean in value, 2017-2020