Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
A 5.9% drop in total imports of Latin America and the Caribbean in 2023, after an expansion of 20.9% in 2022 (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).
By 27.7%, the price of sugar increased in 2023, far exceeding historical highs (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).
1.8% was the estimated increase in the volume of Latin American exports in 2023 (IDB, 2024).
5.3% was the estimated drop in South America's exports in 2023, after a 16.4% growth in 2022, with the exception of Brazil and Paraguay (IDB, 2024).
Between 0.9 and 1.3 percentage points is the estimated increase in inflation in Colombia and Peru respectively as a consequence of the El Niño phenomenon (IDB, 2024).
US$ 112.3 million in losses were estimated for the agricultural and construction sectors in Ecuador with the El Niño Phenomenon of 1997-1998 (IDB, 2024).
1.7 percentage points would be the average decrease in annual growth in Peru due to the El Niño Phenomenon (IDB, 2024).
More than 200,000 dead cattle were recorded in Venezuela as a result of drought due to a shortage of grass in 2014 (IDB, 2024).
