Price for Flour and Meal; of Potatoes in Brazil - 2023

Contents:

  1. Price for Flour and Meal; of Potatoes in Brazil (FOB) - 2022
  2. Price for Flour and Meal; of Potatoes in Brazil (CIF) - 2022
  3. Exports of Flour and Meal; of Potatoes in Brazil
  4. Imports of Flour and Meal; of Potatoes in Brazil

Price for Flour and Meal; of Potatoes in Brazil (FOB) - 2022

In 2022, the average export price for flour and meal; of potatoeses amounted to $4,226 per ton, with a decrease of -29.6% against the previous year. Overall, the export price continues to indicate a perceptible decline. The growth pace was the most rapid in 2014 when the average export price increased by 316% against the previous year. Over the period under review, the average export prices reached the maximum at $16,885 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 the United States ($10,750 per ton), while the average price for exports to France ($380 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 Marshall Islands (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Brazil (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $2,091 per ton in 2022, jumping by 22% against the previous year. In general, the import price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 32% against the previous year. The import price peaked at $2,415 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($2,314 per ton), while the price for Italy ($471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Flour and Meal; of Potatoes in Brazil

In 2022, shipments abroad of flour and meal; of potatoeses decreased by -86.8% to 1.3 tons, falling for the second consecutive year after two years of growth. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 841%. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes exports reduced markedly to $5.6K in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 658%. As a result, the exports attained the peak of $82K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Flour and Meal; of Potatoes in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall Islands1.20.90.91.20.0%
Liberia0.60.30.50.810.1%
Panama6.81.40.70.6-55.5%
Singapore0.20.10.10.535.7%
United StatesN/A76.147.80.4-92.8%
Hong Kong SAR0.30.30.30.410.1%
Malta0.40.20.10.3-9.1%
Bahamas0.10.10.10.226.0%
NorwayN/AN/AN/A0.20%
Cyprus0.20.20.10.1-20.6%
FranceN/AN/A0.10.10.0%
Saint Vincent and the GrenadinesN/AN/AN/AN/A0%
United Arab EmiratesN/A1.59.2N/A513.3%
Others1.21.00.90.7-16.4%
Total10.882.160.75.6-19.7%

Top Export Markets for Flour and Meal; of Potatoes from Brazil in 2022:

  1. Marshall Islands (210.0 kg)
  2. France (200.0 kg)
  3. Liberia (165.0 kg)
  4. Panama (115.0 kg)
  5. Singapore (108.0 kg)
  6. Malta (78.0 kg)
  7. Cyprus (67.0 kg)
  8. Hong Kong SAR (54.0 kg)
  9. Bahamas (53.0 kg)
  10. Saint Vincent and the Grenadines (50.0 kg)
  11. Norway (50.0 kg)
  12. United States (36.0 kg)

Imports of Flour and Meal; of Potatoes in Brazil

In 2022, purchases abroad of flour and meal; of potatoeses was finally on the rise to reach 106 tons after two years of decline. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flour and meal; of potatoes imports surged to $221K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flour and Meal; of Potatoes in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States31.41008.014365.8%
Belgium88.320.149.874.7-5.4%
LebanonN/A0.50.51.889.7%
ItalyN/AN/AN/A0.90%
Others1.10.40.10.3-35.2%
Total12112158.422122.2%

Top Suppliers of Flour and Meal; of Potatoes to Brazil in 2022:

  1. United States (62.0 tons)
  2. Belgium (38.0 tons)
  3. Lebanon (3.7 tons)
  4. Italy (2.0 tons)

Source: IndexBox Market Intelligence Platform

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