The global export market for prepared or preserved palm hearts in 2023 saw Ecuador dominate with a significant market share of 60.98%, followed by Bolivia at 10.49% and Costa Rica at 8.44%. These three countries alone account for nearly 80% of the market. Other notable contributors include Peru, Guyana, and Colombia. While Germany and the United States show positive year-on-year growth, notable declines were observed in Costa Rica and Lebanon.
Future trends to watch for include potential shifts in market dominance due to rising exports from emerging players such as the United Arab Emirates and Chile. Additionally, increased demand in niche markets coupled with sustainability concerns may influence the global dynamic in palm heart exports.
Top countries in Export of Prepared or Preserved Palm Hearts Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ecuador | 60.98 | 2023 | +0.42% | +0.81% | View data |
| 2 | 2 Bolivia | 10.49 | 2023 | -0.28% | +0.41% | View data |
| 3 | 3 Costa Rica | 8.44 | 2023 | -5.44% | -3.74% | View data |
| 4 | 4 Peru | 6.9 | 2023 | +3% | +1.66% | View data |
| 5 | 5 Guyana | 3.24 | 2023 | +1.79% | +2.04% | View data |
| 6 | 6 Colombia | 2.35 | 2023 | +0.25% | -0.39% | View data |
| 7 | 7 Belgium | 2.12 | 2023 | -0.91% | +2.35% | View data |
| 8 | 8 Germany | 1.07 | 2023 | +5.91% | +6.52% | View data |
| 9 | 9 United States | 1.04 | 2023 | +4.06% | +4.82% | View data |
| 10 | 10 Spain | 0.78 | 2023 | +0.26% | +0.018% | View data |
