Brazil - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in Brazil - 2023
Contents:
- Mustard Seed Price in Brazil (CIF) - 2023
- Mustard Seed Price in Brazil (FOB) - 2022
- Mustard Seed Imports in Brazil
- Mustard Seed Exports in Brazil
Mustard Seed Price in Brazil (CIF) - 2023
In September 2023, the average mustard seed import price amounted to $2,019 per ton, rising by 9.8% against the previous month. Over the period under review, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in February 2023 an increase of 59% m-o-m. As a result, import price attained the peak level of $4,300 per ton. From March 2023 to September 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From September 2022 to September 2023, the rate of growth in terms of prices for India amounted to -2.3% per month.
Mustard Seed Price in Brazil (FOB) - 2022
The average mustard seed export price stood at $6,953 per ton in 2022, waning by -12.9% against the previous year. In general, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 56% against the previous year. The export price peaked at $19,386 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($74,250 per ton), while the average price for exports to Greece ($4,136 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 Singapore (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.
Mustard Seed Imports in Brazil
In 2022, approx. 4.4K tons of mustard seed were imported into Brazil; growing by 82% on the previous year. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mustard seed imports soared to $5.5M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mustard Seed in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.8 | 2.1 | 2.8 | 4.6 | 36.7% |
| India | N/A | 0.1 | 0.1 | 0.9 | 200.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 2.3 | 2.8 | 5.5 | 45.1% |
Top Suppliers of Mustard Seed to Brazil in 2022:
- Canada (3.8K tons)
- India (0.6K tons)
Mustard Seed Exports in Brazil
In 2022, approx. 532 kg of mustard seed were exported from Brazil; reducing by -14.6% compared with 2021 figures. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of 623 kg, and then dropped in the following year.
In value terms, mustard seed exports declined sharply to $3.7K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year.
| Export of Mustard Seed in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Marshall Islands | 285 | 726 | 497 | 721 | 36.3% |
| Cuba | N/A | N/A | N/A | 594 | 0% |
| Singapore | 259 | 194 | 271 | 555 | 28.9% |
| Liberia | 195 | 235 | 294 | 373 | 24.1% |
| Malta | 91.0 | 193 | 133 | 339 | 55.0% |
| Panama | 112 | 159 | 412 | 212 | 23.7% |
| Bahamas | 33.0 | 30.0 | 95.0 | 97.0 | 43.2% |
| Greece | 47.0 | 38.0 | 91.0 | 91.0 | 24.6% |
| Hong Kong SAR | 187 | 341 | 180 | 91.0 | -21.3% |
| Portugal | 7.0 | 8.0 | 7.0 | 80.0 | 125.2% |
| United Kingdom | 1,415 | 26.0 | 1,077 | 10.0 | -80.8% |
| Japan | 65.0 | N/A | 417 | N/A | 153.3% |
| Turkey | N/A | 1,638 | 34.0 | N/A | -97.9% |
| Others | 279 | 803 | 1,466 | 536 | 24.3% |
| Total | 2,975 | 4,391 | 4,974 | 3,699 | 7.5% |
Top Export Markets for Mustard Seed from Brazil in 2022:
- Marshall Islands (105.0 kg)
- Liberia (65.0 kg)
- Singapore (64.0 kg)
- Malta (61.0 kg)
- Panama (26.0 kg)
- Greece (22.0 kg)
- Bahamas (13.0 kg)
- Portugal (8.0 kg)
- Cuba (8.0 kg)
- Hong Kong SAR (8.0 kg)
- United Kingdom (2.0 kg)
This report provides an in-depth analysis of the mustard seed 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 292 - Mustard seed
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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