Price for Vegetable Products Not Elsewhere Specified or Included in Brazil - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Brazil (FOB) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Brazil (CIF) - 2022
- Exports of Vegetable Products Not Elsewhere Specified or Included in Brazil
- Imports of Vegetable Products Not Elsewhere Specified or Included in Brazil
Price for Vegetable Products Not Elsewhere Specified or Included in Brazil (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $478 per ton in 2022, increasing by 54% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $796 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,186 per ton), while the average price for exports to China ($194 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.4%), while the prices for the other major destinations experienced a decline.
Price for Vegetable Products Not Elsewhere Specified or Included in Brazil (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $1,979 per ton in 2022, shrinking by -6.2% against the previous year. Overall, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 115% against the previous year. Over the period under review, average import prices reached the peak figure at $2,109 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($2,908 per ton), while the price for the United States ($1,069 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetable Products Not Elsewhere Specified or Included in Brazil
In 2022, after three years of growth, there was significant decline in overseas shipments of vegetable products not elsewhere specified or includeds, when their volume decreased by -17.3% to 49K tons. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 81% against the previous year. As a result, the exports attained the peak of 59K tons, and then reduced remarkably in the following year.
In value terms, exports of vegetable products not elsewhere specified or includeds expanded modestly to $17M in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Vegetable Products Not Elsewhere Specified or Included in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 4.6 | 9.8 | 6.5 | 30.9% |
| United States | N/A | 0.1 | 0.1 | 3.3 | 474.5% |
| Spain | 2.5 | 2.9 | 2.3 | 2.4 | -1.4% |
| Japan | 4.7 | 1.3 | 2.4 | 2.2 | -22.4% |
| Italy | 0.8 | 1.1 | 0.8 | 1.4 | 20.5% |
| Others | 2.1 | 1.8 | 0.6 | 0.8 | -27.5% |
| Total | 13.0 | 11.8 | 16.0 | 16.6 | 8.5% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Brazil in 2022:
- China (33.6K tons)
- Spain (6.1K tons)
- United States (4.2K tons)
- Japan (3.3K tons)
- Italy (1.2K tons)
Imports of Vegetable Products Not Elsewhere Specified or Included in Brazil
In 2022, purchases abroad of vegetable products not elsewhere specified or includeds decreased by -39.5% to 968 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, imports attained the peak of 1.6K tons, and then shrank sharply in the following year.
In value terms, imports of vegetable products not elsewhere specified or includeds plummeted to $1.8M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 135%. As a result, imports attained the peak of $3.2M, and then dropped remarkably in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1,489 | 1,221 | 2,814 | 1,449 | -0.9% |
| United States | 8.6 | 0.2 | 62.0 | 70.9 | 102.0% |
| China | 45.7 | 80.1 | 113 | 68.1 | 14.2% |
| India | 8.0 | N/A | 106 | N/A | 264.0% |
| Others | 277 | 79.3 | 143 | 262 | -1.8% |
| Total | 1,829 | 1,381 | 3,238 | 1,850 | 0.4% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Brazil in 2022:
- Peru (801.5 tons)
- United States (66.3 tons)
- China (62.5 tons)
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