Brazil - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Brazil - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights

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Dry Vegetable Price in Brazil - 2023

Contents:

  1. Dry Vegetable Price in Brazil (CIF) - 2023
  2. Dry Vegetable Price in Brazil (FOB) - 2022
  3. Dry Vegetable Imports in Brazil
  4. Dry Vegetable Exports in Brazil

Dry Vegetable Price in Brazil (CIF) - 2023

The average dry vegetable import price stood at $2,164 per ton in October 2023, with a decrease of -1.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 14% m-o-m. Over the period under review, average import prices attained the maximum at $2,236 per ton in October 2022; afterwards, it flattened through to October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($6,062 per ton), while the price for India ($1,641 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.

Dry Vegetable Price in Brazil (FOB) - 2022

In 2022, the average dry vegetable export price amounted to $2,667 per ton, flattening at the previous year. Over the period under review, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40%. Over the period under review, the average export prices reached the maximum at $7,674 per ton in 2013; however, from 2014 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 Argentina ($6,072 per ton), while the average price for exports to Greece ($1,002 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 India (+10.5%), while the prices for the other major destinations experienced a decline.

Dry Vegetable Imports in Brazil

In 2022, approx. 28K tons of dry vegetables were imported into Brazil; surging by 11% compared with the previous year. The total import volume increased at an average annual rate of +11.2% 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 2020 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dry vegetable imports rose significantly to $64M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Dry Vegetable in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.031.731.137.919.9%
India10.115.217.318.522.4%
Egypt2.21.72.63.112.1%
Turkey2.51.51.81.6-13.8%
Others4.23.33.73.1-9.6%
Total41.153.256.564.216.0%

Top Suppliers of Dry Vegetable to Brazil in 2022:

  1. China (15.7K tons)
  2. India (9.9K tons)
  3. Egypt (1.7K tons)
  4. Turkey (0.5K tons)

Dry Vegetable Exports in Brazil

Dry vegetable exports from Brazil soared to 341 tons in 2022, rising by 76% compared with the year before. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dry vegetable exports soared to $909K in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Dry Vegetable in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay15228923737134.6%
Argentina7.621.671.3172182.9%
Uruguay0.3N/AN/A70.3516.5%
Panama18.518.814.053.542.5%
India1.40.70.245.5219.1%
Marshall Islands19.721.320.225.69.1%
Liberia11.512.311.417.715.5%
Thailand11.311.49.313.04.8%
Hong Kong SAR15.516.711.311.6-9.2%
Singapore23.917.28.29.1-27.5%
Greece8.79.29.76.3-10.2%
China35.241.56.44.1-51.2%
Venezuela39.9N/AN/AN/A0%
Others77.095.211710912.3%
Total42255551690929.1%

Top Export Markets for Dry Vegetable from Brazil in 2022:

  1. Paraguay (153.8 tons)
  2. Uruguay (39.0 tons)
  3. Argentina (28.4 tons)
  4. India (23.1 tons)
  5. Marshall Islands (15.7 tons)
  6. Panama (11.7 tons)
  7. Liberia (10.0 tons)
  8. Hong Kong SAR (7.4 tons)
  9. Thailand (6.8 tons)
  10. Greece (6.3 tons)
  11. Singapore (4.8 tons)
  12. China (3.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the dry vegetable market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 469 - Vegetables, Dehydrated

Country coverage:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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