Brazil - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in Brazil - 2023
Contents:
- Frozen Sweet Corn Price in Brazil (CIF) - 2023
- Frozen Sweet Corn Price in Brazil (FOB) - 2022
- Frozen Sweet Corn Imports in Brazil
- Frozen Sweet Corn Exports in Brazil
Frozen Sweet Corn Price in Brazil (CIF) - 2023
In August 2023, the average frozen sweet corn import price amounted to $1,601 per ton, shrinking by -6.9% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in February 2023 an increase of 15% m-o-m. As a result, import price reached the peak level of $1,876 per ton. From March 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($2,129 per ton), while the price for China ($1,181 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Sweet Corn Price in Brazil (FOB) - 2022
The average frozen sweet corn export price stood at $799 per ton in 2022, with an increase of 119% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. Over the period under review, the average export prices hit record highs at $3,827 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 Chile ($2,302 per ton), while the average price for exports to the United States ($364 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 Chile (+156.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Sweet Corn Imports in Brazil
In 2022, purchases abroad of frozen sweet corn was finally on the rise to reach 842 tons after two years of decline. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen sweet corn imports soared to $1.2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Sweet Corn in Brazil (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 215 | 216 | 143 | 651 | 44.7% |
Belgium | 226 | 168 | 197 | 230 | 0.6% |
China | 9.1 | 83.7 | 142 | 207 | 183.3% |
France | 288 | 309 | 237 | 91.4 | -31.8% |
Poland | 27.2 | N/A | 41.8 | 28.5 | 1.6% |
Portugal | 44.3 | 31.4 | 30.6 | 20.8 | -22.3% |
Chile | 122 | 60.1 | 4.4 | N/A | -81.0% |
United States | N/A | 56.4 | N/A | N/A | 0% |
Turkey | 5.0 | 10.9 | 33.4 | N/A | 158.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 936 | 934 | 829 | 1,228 | 9.5% |
Top Suppliers of Frozen Sweet Corn to Brazil in 2022:
- Spain (417.9 tons)
- China (166.9 tons)
- Belgium (154.3 tons)
- France (65.4 tons)
- Poland (25.0 tons)
- Portugal (13.0 tons)
Frozen Sweet Corn Exports in Brazil
In 2022, frozen sweet corn exports from Brazil rose remarkably to 258 tons, surging by 6% compared with the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 54%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, frozen sweet corn exports soared to $206K in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Frozen Sweet Corn in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 0.2 | N/A | N/A | 86.4 | 656.0% |
Paraguay | 18.6 | 26.3 | 10.7 | 60.2 | 47.9% |
Chile | N/A | 12.6 | 34.5 | 17.2 | 16.8% |
Uruguay | N/A | N/A | 13.4 | 6.9 | -48.5% |
Panama | 4.6 | 6.2 | 2.8 | 4.2 | -3.0% |
United States | 30.6 | N/A | 0.7 | 1.1 | -67.0% |
United Kingdom | 4.7 | 8.7 | 1.0 | 1.0 | -40.3% |
Others | 24.5 | 23.6 | 25.3 | 28.9 | 5.7% |
Total | 83.1 | 77.4 | 88.6 | 206 | 35.3% |
Top Export Markets for Frozen Sweet Corn from Brazil in 2022:
- Paraguay (163.3 tons)
- Argentina (54.0 tons)
- Uruguay (14.6 tons)
- Chile (7.5 tons)
- United States (3.0 tons)
- Panama (1.8 tons)
- United Kingdom (0.4 tons)
This report provides an in-depth analysis of the frozen sweet corn 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 447 - Sweet Corn, Frozen
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the frozen potato price stood at $1,375 per ton (CIF, Brazil), approximately mirroring the previous month.
In March 2023, Frozen Vegetable experienced a remarkable growth rate of 30% compared to the previous month. However, the value of frozen vegetable imports decreased to $33M in October 2023.
In March 2023, the growth rate of imports for Frozen Fruits And Vegetables was the highest, with a significant 32% increase compared to the previous month. The value of these imports declined to $35M in October 2023.
In July 2023, the price of rennet in Brazil (CIF) was $12,916 per ton, indicating a decrease of 53.5% compared to the previous month.
During the review period, Malt imports reached a record high of 1.4M tons in 2021, but saw a slight decrease in 2022 to 2023. In terms of value, Malt imports amounted to $928M in 2023.
In terms of value, the import of Malt surged to $118M in July 2023.
Soybean Oil exports peaked at 2.6M tons before declining the next year. In terms of value, exports fell significantly to $2.5B in 2023.
The price of Soybean Oil, originating from Brazil and sold on a Free on Board basis, reached $976 per ton in June 2023. This marked a decrease of 3.8% compared to the previous month.
In November 2023, exports saw a significant growth rate of 64%, with a total value of crude soybean oil exports reaching $46M in January 2024.
In February 2023, the crude soybean oil price amounted to $1,173 per ton (FOB, Brazil), with a decrease of -6.9% against the previous month.