Latin America and the Caribbean: Cucumber And Gherkin Market 2024

Cucumber And Gherkin Market Size in Latin America and the Caribbean

The Latin American cucumber and gherkin market dropped slightly to $X in 2023, approximately reflecting the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Cucumber And Gherkin Production in Latin America and the Caribbean

In value terms, cucumber and gherkin production reduced to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

The country with the largest volume of cucumber and gherkin production was Mexico (X tons), comprising approx. X% of total volume. Moreover, cucumber and gherkin production in Mexico exceeded the figures recorded by the second-largest producer, Cuba (X tons), more than tenfold. Peru (X tons) ranked third in terms of total production with a X% share.

In Mexico, cucumber and gherkin production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Cuba (X% per year) and Peru (X% per year).

The average cucumber and gherkin yield reduced to X tons per ha in 2023, approximately reflecting the year before. The yield indicated tangible growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cucumber and gherkin yield decreased by X% against 2021 indices. The growth pace was the most rapid in 2019 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2020 to 2023, the growth of the cucumber and gherkin yield failed to regain momentum. 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 cucumbers and gherkins were harvested in Latin America and the Caribbean; remaining relatively unchanged against the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to cucumber and gherkin production reached the maximum at X ha in 2017; however, from 2018 to 2023, the harvested area remained at a lower figure.

Cucumber And Gherkin Exports

Exports in Latin America and the Caribbean

In 2023, approx. X tons of cucumbers and gherkins were exported in Latin America and the Caribbean; with an increase of X% against the previous year's figure. Total exports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, cucumber and gherkin exports expanded sharply to $X in 2023. Total exports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the near future.

Exports by Country

Mexico dominates exports structure, amounting to X tons, which was near X% of total exports in 2023. Honduras (X tons) followed a long way behind the leaders.

Mexico was also the fastest-growing in terms of the cucumbers and gherkins exports, with a CAGR of X% from 2012 to 2023. Honduras (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Mexico increased by X percentage points.

In value terms, Mexico ($X) remains the largest cucumber and gherkin supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports.

In Mexico, cucumber and gherkin exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, growing by X% against the previous year. Export price indicated a measured 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, cucumber and gherkin export price increased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked 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 Mexico ($X per ton), while Honduras totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Cucumber And Gherkin Imports

Imports in Latin America and the Caribbean

Cucumber and gherkin imports reduced remarkably to X tons in 2023, which is down by X% on 2022 figures. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2023, the growth of imports failed to regain momentum.

In value terms, cucumber and gherkin imports declined to $X in 2023. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

El Salvador was the major importing country with an import of about X tons, which resulted at X% of total imports. Aruba (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Honduras (X%). Cayman Islands (X tons) followed a long way behind the leaders.

Imports into El Salvador decreased at an average annual rate of X% from 2012 to 2023. At the same time, Cayman Islands (X%), Honduras (X%) and Aruba (X%) displayed positive paces of growth. Moreover, Cayman Islands emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of El Salvador, Aruba, Honduras and Cayman Islands increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Aruba ($X) constitutes the largest market for imported cucumbers and gherkins in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Cayman Islands ($X), with a X% share of total imports. It was followed by El Salvador, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Aruba totaled X%. In the other countries, the average annual rates were as follows: Cayman Islands (X% per year) and El Salvador (X% per year).

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a slight decrease. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cayman Islands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform