Segment and Geographical Information

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment and Geographical Information

Segment and Geographical Information

Segments

ASC 280 requires use of the management approach for segment reporting. The management approach is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance. In prior periods, the Company had operated and managed the business as two reportable segments, AgroFresh Core and AgroFresh Fruit Protection (formerly Tecnidex). During the fourth quarter of the year ended December 31, 2021, the Company determined that it had one reportable segment, due to changes in senior management, as well as the integration of AgroFresh Fruit Protection with the Company's Core business operational and reporting structure. As a result of this change in segment reporting, the Company retrospectively revised prior period results, by segment, to conform to the current period presentation. For the year ended December 31, 2022, the Company has operated and managed the business as one reportable segment.

Geographic Regions

Net sales by geographic region, based on the location of the customer, were as follows:

	Year Ended December 31,
(in thousands)	2022	2021	2020
Net sales:
North America (1)	$30,629	$32,635	$33,759
Latin America (2)	36,064	33,610	28,731
EMEA (3)	76,893	82,329	79,413
Asia Pacific (4)	18,351	17,415	15,740
Total Net sales	$161,937	$165,989	$157,643

(1)     North America includes the United States and Canada.

(2)    Latin America includes Argentina, Brazil, Chile, Columbia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Peru and Uruguay.

(3)    EMEA includes Europe, the Middle East and Africa.

(4)    Asia Pacific includes Australia, China, India, Japan, New Zealand, South Korea, Taiwan, Thailand and the Philippines.