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Puerto Rico - Fruits and Berries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Fruit And Berry Market 2024
Fruit And Berry Market Size in Puerto Rico
After three years of growth, the Puerto Rican fruit and berry market decreased by -0.5% to $X in 2021. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Puerto Rico consumption peaked at $X in 2020, and then reduced modestly in the following year.
Fruit And Berry Production in Puerto Rico
In value terms, fruit and berry production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 22%. Puerto Rico production peaked at $X in 2020, and then shrank in the following year.
The average yield of fruits and berries in Puerto Rico totaled X tons per ha in 2021, flattening at the previous year. The yield figure increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of 15% against the previous year. The global yield peaked at X tons per ha in 2015; however, from 2016 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2021, the harvested area of fruits and berries in Puerto Rico fell to X ha, flattening at 2020 figures. In general, the harvested area showed a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of 8.1% against the previous year. Over the period under review, the harvested area dedicated to fruit and berry production attained the maximum at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.
Fruit And Berry Exports
Exports from Puerto Rico
In 2021, fruit and berry exports from Puerto Rico was estimated at less than X kg, leveling off at 2020. In general, exports continue to indicate a relatively flat trend pattern.
In value terms, fruit and berry exports amounted to less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.
Exports by Country
The shipments of the twelve major exporters of fruits and berries, namely Spain, Ecuador, Costa Rica, the Netherlands, South Africa, Mexico, Turkey, the United States, Guatemala, China, Chile and Italy, represented more than half of total export. Colombia (X tons) followed a long way behind the leaders.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +7.2%), while the other leaders experienced more modest paces of growth.
In value terms, Spain ($X), the Netherlands ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2021, together comprising 24% of total exports.
Mexico, with a CAGR of +11.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while Guatemala ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+6.8%), while the other leaders experienced more modest paces of growth.
Fruit And Berry Imports
Imports into Puerto Rico
In 2021, imports of fruits and berries into Puerto Rico amounted to less than X kg, approximately mirroring the year before. Over the period under review, imports saw a relatively flat trend pattern.
In value terms, fruit and berry imports stood at less than $X in 2021. Overall, imports recorded a relatively flat trend pattern.
Imports by Country
In 2021, the United States (X tons), distantly followed by China (X tons), the Netherlands (X tons), Russia (X tons) and Germany (X tons) represented the largest importers of fruits and berries, together creating 40% of total imports. France (X tons), the UK (X tons), Canada (X tons), Belgium (X tons), Spain (X tons), Italy (X tons), Hong Kong SAR (X tons) and Japan (X tons) followed a long way behind the leaders.
Imports into the United States increased at an average annual rate of +3.1% from 2012 to 2021. At the same time, China (+8.2%), the Netherlands (+6.3%), Spain (+6.2%), Italy (+2.1%), France (+2.0%), Hong Kong SAR (+1.8%), Germany (+1.4%) and Canada (+1.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +8.2% from 2012-2021. The UK, Japan and Belgium experienced a relatively flat trend pattern. By contrast, Russia (-2.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and the Netherlands increased by +2.5 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest fruit and berry importing markets into Puerto Rico were the United States ($X), China ($X) and the Netherlands ($X), together comprising 32% of total imports.
China, with a CAGR of +16.6%, recorded the highest growth rate of the value of imports, in terms of 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
In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fruit and berry market in Puerto Rico. 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 515 - Apples
- FCL 521 - Pears
- FCL 523 - Quinces
- FCL 526 - Apricots
- FCL 534 - Peaches and nectarines
- FCL 536 - Plums
- FCL 486 - Bananas
- FCL 489 - Plantains
- FCL 577 - Dates
- FCL 569 - Figs
- FCL 574 - Pineapples
- FCL 572 - Avocados
- FCL 571 - Mangoes
- FCL 490 - Oranges
- FCL 495 - Tangerines, mandarins, clementines, satsumas
- FCL 507 - Grapefruit and pomelo
- FCL 497 - Lemons and limes
- FCL 512 - Citrus fruit nes
- FCL 560 - Grapes
- FCL 567 - Watermelons
- FCL 568 - Melons, Cantaloupes
- FCL 600 - Papayas
- FCL 541 - Stone fruit, fresh nes
- FCL 542 - Pome fruit nes
- FCL 549 - Gooseberries
- FCL 550 - Currants
- FCL 587 - Persimmons
- FCL 591 - Cashewapple
- FCL 603 - Fruit, tropical (fresh) nes
- FCL 619 - Fruit, fresh nes
- FCL 558 - Berries nes
- FCL 547 - Raspberries
- FCL 552 - Blueberries
- FCL 554 - Cranberries
- FCL 544 - Strawberries
- FCL 530 - Sour cherries
- FCL 531 - Cherries
- FCL 592 - Kiwi fruit
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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