The global export of prepared or preserved palm hearts in 2023 was led by Ecuador, with a substantial margin over other countries, exhibiting a small year-on-year growth of 1.77%. Following Ecuador, Bolivia and Costa Rica also played significant roles, showcasing respective growths of 1.98% and a decline of 2.46%. Notably, Belgium and the United States experienced significant increases, with Belgium growing by 3.28% and the U.S. by 11.05%. The United Arab Emirates marked the highest growth rate at 57.82%, indicating emerging market potential. Conversely, smaller exporters like Denmark, Singapore, and Lebanon reported declines.
Future trends to watch include:
- Growth in emerging markets such as the United Arab Emirates and South Africa could continue to rise significantly.
- Producers may focus on improving sustainability practices given the environmental impact concerns associated with palm products.
- Technological advances in agricultural practices might enhance yield and efficiency, possibly altering the competitive landscape.
Top countries in Export of Prepared or Preserved Palm Hearts by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ecuador | 32,844,000 | 2023 | +1.19% | +1.77% | View data |
| 2 | 2 Bolivia | 6,106,000 | 2023 | +1.17% | +1.98% | View data |
| 3 | 3 Costa Rica | 5,302,500 | 2023 | -3.26% | -2.46% | View data |
| 4 | 4 Peru | 2,900,100 | 2023 | +3.37% | +1.92% | View data |
| 5 | 5 Guyana | 1,423,900 | 2023 | +1.98% | +1.67% | View data |
| 6 | 6 Belgium | 955,970 | 2023 | +0.089% | +3.28% | View data |
| 7 | 7 Colombia | 700,000 | 2023 | +1.57% | +0.76% | View data |
| 8 | 8 United States | 444,560 | 2023 | +3.03% | +11.05% | View data |
| 9 | 9 Germany | 388,170 | 2023 | +5.98% | +6.96% | View data |
| 10 | 10 Spain | 337,280 | 2023 | +0.39% | +0.58% | View data |
