Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
14% of cereals and 4.5% of soybeans traded globally pass through the Suez Canal.
14% of cereals and 4.5% of soybeans traded globally transit the Suez Canal (IFPRI, 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).
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).
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).
By 27.7%, the price of sugar increased in 2023, far exceeding historical highs (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 -2.2 and -1.3 percentage points would be the impact on the growth of Ecuador and Peru as a consequence of an episode of the El Niño Phenomenon (IDB, 2024).