Uruguay Fruits and Vegetables Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

The Uruguay Fruits and Vegetables Market includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The market is segmented by Crop Type into Fruits and Vegetables. The report offers the market size and forecasts in terms of volume in metric ton and value in USD thousand for all the above segments.

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Uruguay Fruits & Vegetables Market Size

plant growth regulators market
Study Period: 2018 - 2028
CAGR: 7.1 %
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Uruguay Fruits & Vegetables Market Analysis

The Uruguayan fruits and vegetables market is expected to register a CAGR of 7.1% during the forecast period.

The COVID-19 pandemic has led to increasing demand for fruits and vegetables due to growing awareness about healthy and nutritional diets. Due to the closure of restaurants, bars, and schools, produce growers and distributors were forced to shift supplies almost entirely from the food service to the retail channel in the country. Hence, COVID-19 has had no significant impact on the fruits and vegetable market in Uruguay. Major fruits and vegetables grown in Uruguay are oranges, tangerines, apples, cranberries, pears, melons, grapes, peaches, quinces, sweet potatoes, dry peas, onions, pumpkins, squash, potatoes, and broad beans. Citrus fruit production has a long tradition in the country, and much of it has been destined for export. The major factors driving the market are favorable government policies like no restrictions on exports of agro-industrial products and insurance against extreme climate events, resulting in loss of fruit and vegetable production.

Uruguay Fruits & Vegetables Industry Segmentation

Fruits and vegetables are important supplements to the human diet as they provide the essential nutrients required for maintaining health. Uruguay is one of the largest producers of fruits and vegetables in the world, and it produces several horticultural crops, including bananas, onions, pineapples, and tomatoes. The Uruguayan fruits and vegetables market includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The market is segmented by crop type into fruits and vegetables. The report offers the market size and forecasts in terms of volume in metric ton and value in USD thousand for all the above segments.

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Uruguay Fruits & Vegetables Market Trends

This section covers the major market trends shaping the Uruguay Fruits & Vegetables Market according to our research experts:

Adoption of Strategies to Increase Productivity

The agricultural sector is a mainstay of the Uruguayan economy, contributing 70% of exports and 7% of the gross domestic product (GDP). The sector has experienced a period of rapid growth, intensification, and modernization over the last decade. Citrus fruit production has a long tradition in the country, and much of it has been destined for export. In the South of Uruguay, the average vegetable cropped area per farm increased, while the average total area per vegetable farm stayed approximately the same. However, the country is not self-sufficient in vegetable production, which necessitates the import, driving the growth of the market.

Uruguay Fruits and Vegetable Market

Development of Climate Change Policies, Strategies, and Plans

Uruguay has developed an advanced suite of climate change policies, strategies, and plans. The country has committed to ambitious and quantified sectoral mitigation targets to be achieved by 2030. Financial institutions play an important role in sustaining fruit and vegetable production amid ago-climate changes through the initiatives that offer insurances against extreme events (like hydrological events, storms, hail, wind, etc.), as well as unconventional insurances based on weather indices, to mitigate the effects of water and drought excesses. This is another factor driving the growth of the fruits and vegetables market in Uruguay.

agriculture in Uruguay, fruits and vegetable cultivation in Uruguay

Uruguay Fruits & Vegetables Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

  5. 5. MARKET SEGMENTATION (Import Analysis by Value and Volume and Export Analysis by Value and Volume)

    1. 5.1 Vegetables

    2. 5.2 Fruits

  6. 6. INTERNATIONAL TRADE AND PRICE SCENARIOS

    1. 6.1 Bananas

    2. 6.2 Onions (Dry)

    3. 6.3 Pineapples

    4. 6.4 Plantains and Others

    5. 6.5 Tomatoes

  7. 7. REGIONAL ANALYSIS

    1. 7.1 PESTLE Analysis

    2. 7.2 Supply Chain Analysis

    3. 7.3 Government Policies

  8. 8. COMPETITIVE ANALYSIS

    1. 8.1 Distribution Network and Retail Analysis

    2. 8.2 List/Profiles of Key Players

  9. 9. MARKET OPPORTUNITIES AND FUTURE TRENDS

  10. 10. IMPACT OF COVID-19 ON THE MARKET

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Uruguay Fruits & Vegetables Market Research FAQs

The Uruguay Fruits and Vegetables Market is studied from 2018 - 2028.

The Uruguay Fruits and Vegetables Market is growing at a CAGR of 7.1% over the next 5 years.

Uruguay Fruits and Vegetables Industry Report

Statistics for the 2023 Uruguay Fruits and Vegetables market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Uruguay Fruits and Vegetables analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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