Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
1.8% was the estimated increase in the volume of Latin American exports in 2023 (IDB, 2024).
More than 60% of the world's coffee supply came from Brazil and Colombia, while the price of Arabica fell due to better harvests (IDB, 2024).
Soybean prices fell by 8.6% in 2023 compared to the previous year, in a context of high volatility due to factors such as the drought in Argentina and Uruguay, the record harvest in Brazil and Chinese demand (IDB, 2024).
2.2% drop in the value of Latin America's goods exports in 2023 due to lower demand from its main trading partners (IDB, 2024).
USD 8.70 billion was the estimated size of the agricultural machinery market in Latin America in 2023, with a projected growth to USD 11.70 billion in 2028 (Mordor Intelligence, 2023).
Between 0.1% and 1% of real GDP in the US and Europe would be affected by friendshoring, with a higher impact of up to 4.7% in countries in between the West and its adversaries (IMF, 2023).
14% of cereals and 4.5% of soybeans traded globally pass through the Suez Canal.
540 billion dollars are spent annually on producer support, two-thirds of which distort prices and damage the environment (FAO, UNDP and UNEP, 2021).
63% of world exports of fresh bananas and plantains in 2022 came from Latin America and the Caribbean, with Ecuador, Costa Rica, Guatemala and Honduras as the main exporters (IICA, Trade Data Monitor).
