Vegetables, pulses and potatoes in vinegar market in South America

Earlier Report Observations

The market volume for vegetables, pulses and potatoes in vinegar in South America contracted from 19,428 metric tons in 2018 to 14,603 metric tons in 2020, a cumulative decline of over 25%. This downward trend was interrupted in 2021.

From 2021 onward, the market entered a phase of steady expansion. Volume grew to 15,430 metric tons in 2021, then to 17,602 metric tons in 2022, and surged by 29% to reach 22,715 metric tons in 2023. The 2023 volume exceeded the pre-contraction level of 2018.

The market's value followed a similar pattern, declining from $35.8 million in 2018 to $26.1 million in 2020 before recovering sharply to $48.9 million in 2023, indicating not only volume growth but also potential changes in product mix or pricing.

Production vegetables, pulses and potatoes in vinegar in South America

In kind, 2017-2020, t

Top producers of vegetables, pulses and potatoes in vinegar, 2017-2020

World map of production of vegetables, pulses and potatoes in vinegar, 2017-2020

South America's production of vegetables, pulses, and potatoes in vinegar has declined for the second year in a row. In 2020, the region produced 38 265 tonnes, marking a slight decrease of 2.9% compared to the previous year. Looking at the period from 2017 to 2020, overall production grew by 2.6%, with an average annual growth rate of 0.9%. The highest production level was recorded in 2018 at 40 610 tonnes, which also saw the largest increase of 8.9%. In contrast, 2019 experienced the most significant decline of 2.9%.

Annual dynamics of production in South America in kind, 2017-2020, t

In value, 2017-2020, K $ US

The production value of vegetables, pulses, and potatoes in vinegar in South America has fallen for the second consecutive year. In 2020, the output was valued at 89 256 thousand US dollars, down by 7.0% from the year before. The peak value occurred in 2018 at 99 594 thousand US dollars, which also registered the largest increase of 11.4%.

Annual dynamics of production in South America in value, 2017-2020, K $ US

Exports vegetables, pulses and potatoes in vinegar from South America

Exports in kind, t

Following two years of growth, South America's exports of vegetables, pulses, and potatoes in vinegar declined. In 2020, the region exported 33 722 tonnes, a decrease of 5.3% compared to the previous year. Over the 2017-2020 period, exports rose by 17.1%, with an average annual growth rate of 5.4%. The highest export volume was in 2019 at 35 594 tonnes, while the largest increase of 15.7% was recorded in 2018.

Annual dynamics of product's exports from South America in kind, 2017-2020, t

From 2017 to 2020, the top destinations for South America's exports of vegetables, pulses, and potatoes in vinegar by volume were the United States, accounting for 53.0% of exports, Germany with 15.3%, and the United Kingdom at 5.1%. Together, these three markets represented 73.4% of total export flows.

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

World map of product's exports from South America in kind, 2017-2020

Exports in value, K $ US

After two years of growth, South America's export value of vegetables, pulses, and potatoes in vinegar decreased. In 2020, exports amounted to 78 658 thousand US dollars, down by 9.2% from the previous year. Between 2017 and 2020, exports increased by 13.9%, translating to an average annual rate of 4.4%. The peak value was in 2019 at 86 630 thousand US dollars, and the largest increase of 18.4% occurred in 2018.

Annual dynamics of product's exports from South America in value, 2017-2020, K $ US

From 2017 to 2020, the United States, Germany, and the United Kingdom were the primary markets for South America's exports of vegetables, pulses, and potatoes in vinegar by value, collectively absorbing 75.7% of total exports.

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

World map of product's exports from South America in value, 2017-2020

Imports vegetables, pulses and potatoes in vinegar to South America

Imports in kind, t

South America's imports of vegetables, pulses, and potatoes in vinegar by volume have declined for the second year in a row. In 2020, imports stood at 10 060 tonnes, reflecting a substantial drop of 15.8% compared to the prior year. Over the 2017-2020 period, imports decreased by 2.4%, with an average annual decline of 0.8%. The highest import volume was in 2018 at 12 155 tonnes, which also saw the largest increase of 17.9%.

Annual dynamics of product's imports to South America in kind, 2017-2020, t

From 2017 to 2020, the leading sources for South America's imports of vegetables, pulses, and potatoes in vinegar by volume were the United States with 27.4% of imports, Germany at 21.5%, and India with 17.3%. Together, these three countries accounted for 66.2% of total import flows.

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

World map of product's imports to South America in kind, 2017-2020

Imports in value, K $ US

South America's import value of vegetables, pulses, and potatoes in vinegar has fallen for the second consecutive year. In 2020, imports totaled 15 491 thousand US dollars, a decrease of 4.7% year-on-year. Over the 2017-2020 period, imports increased by 7.1%, with an average annual growth rate of 2.3%. The peak value was in 2018 at 17 999 thousand US dollars, which also recorded the largest increase of 24.5%. In contrast, 2019 saw the most significant decline of 9.7%.

Annual dynamics of product's imports to South America in value, 2017-2020, K $ US

From 2017 to 2020, the main markets for South America's imports of vegetables, pulses, and potatoes in vinegar by value were the United States with 24.6% of imports, Germany at 17.7%, and Spain with 12.6%. This cluster of three countries represented 54.9% of total import flows.

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

World map of product's imports to South America in value, 2017-2020