Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
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).
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).
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).
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).
23% of damages and losses from events such as El Niño affect the agricultural sector, reaching up to 82% in cases of drought (FAO, 2017).
30% of global production of corn, soybeans, sugar, beef, poultry and flour comes from Latin America, driving agricultural growth in the region (OECD/FAO, 2023).
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).
60% was the reduction in the proportion of undernourished people in Latin America and the Caribbean between 1990 and 2014, thanks to the contribution of the agricultural sector to food security (FAO, 2021).
60% is the required increase in global food production by 2050, when the population will reach 9.7 billion (UNDESA, 2019).
