Brazil: Market for Prepared Dishes and Meals 2024

Market Size for Prepared Dishes and Meals in Brazil

The Brazilian prepared dishes and meal market was estimated at $X in 2023, remaining relatively unchanged against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Prepared Dishes and Meals in Brazil

In value terms, prepared dishes and meal production amounted to $X in 2023 estimated in export price. In general, production, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Exports of Prepared Dishes and Meals

Exports from Brazil

In 2023, after two years of growth, there was significant decline in overseas shipments of prepared dishes and meals, when their volume decreased by X% to X tons. Overall, total exports indicated a resilient expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then shrank in the following year.

In value terms, prepared dishes and meal exports rose rapidly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Chile (X tons), the United States (X tons) and Paraguay (X tons) were the main destinations of prepared dishes and meal exports from Brazil, together comprising X% of total exports. Argentina, Colombia, Bolivia, the Netherlands, Peru, Venezuela, Belgium, Portugal, Uruguay and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared dishes and meal exported from Brazil were Bolivia ($X), Colombia ($X) and the United States ($X), with a combined X% share of total exports. Paraguay, Venezuela, Argentina, the Netherlands, Chile, Belgium, Uruguay, Portugal, Switzerland and Peru lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared dishes and meal export price stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Peru ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes and Meals

Imports into Brazil

In 2023, the amount of prepared dishes and meals imported into Brazil expanded modestly to X tons, growing by X% against the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, prepared dishes and meal imports soared to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are likely to see gradual growth in years to come.

Imports by Country

In 2023, the Netherlands (X tons) constituted the largest supplier of prepared dishes and meal to Brazil, accounting for a X% share of total imports. Moreover, prepared dishes and meal imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, the largest prepared dishes and meal suppliers to Brazil were the Netherlands ($X), Uruguay ($X) and the United States ($X), with a combined X% share of total imports. Germany, Argentina, the UK, France, China, Italy, Mexico, Spain, Malaysia and Singapore lagged somewhat behind, together comprising a further X%.

Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared dishes and meal import price stood at $X per ton in 2023, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform