Price for Food Preparations Not Elsewhere Specified or Included in Brazil - 2024
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Brazil (FOB) - 2024
- Price for Food Preparations Not Elsewhere Specified or Included in Brazil (CIF) - 2024
- Exports of Food Preparations Not Elsewhere Specified or Included in Brazil
- Imports of Food Preparations Not Elsewhere Specified or Included in Brazil
Price for Food Preparations Not Elsewhere Specified or Included in Brazil (FOB) - 2024
In February 2024, the average export price for food preparations not elsewhere specified or included amounted to $5,673 per ton, with an increase of 11% against the previous month. In general, the export price showed a relatively flat trend pattern. The export price peaked at $6,322 per ton in December 2023; however, from January 2024 to February 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Venezuela ($18,979 per ton), while the average price for exports to Peru ($2,103 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Brazil (CIF) - 2024
The average import price for food preparations not elsewhere specified or included stood at $8,769 per ton in February 2024, picking up by 25% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in May 2023 an increase of 37% month-to-month. The import price peaked at $8,800 per ton in November 2023; afterwards, it flattened through to February 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Uruguay ($27,683 per ton), while the price for Malaysia ($3,041 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Uruguay (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Food Preparations Not Elsewhere Specified or Included in Brazil
Exports of food preparations not elsewhere specified or included from Brazil rose remarkably to 105K tons in 2022, with an increase of 9.5% against the previous year's figure. The total export volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of food preparations not elsewhere specified or included skyrocketed to $514M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Food Preparations Not Elsewhere Specified or Included in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 85.1 | 60.6 | 69.7 | 95.1 | 3.8% |
| Bolivia | 84.1 | 42.8 | 67.5 | 74.7 | -3.9% |
| United States | 55.1 | 45.3 | 44.0 | 61.7 | 3.8% |
| Venezuela | 18.4 | 26.4 | 36.3 | 33.8 | 22.5% |
| Paraguay | 28.2 | 28.7 | 28.5 | 30.5 | 2.6% |
| Argentina | 21.3 | 21.9 | 25.4 | 27.0 | 8.2% |
| Chile | 9.1 | 11.1 | 16.2 | 22.0 | 34.2% |
| Netherlands | 5.9 | 15.8 | 24.5 | 21.5 | 53.9% |
| Switzerland | 22.0 | 8.5 | 7.3 | 19.5 | -3.9% |
| Uruguay | 25.6 | 36.0 | 13.4 | 13.5 | -19.2% |
| South Africa | 2.1 | 3.2 | 3.0 | 10.8 | 72.6% |
| Peru | 7.5 | 6.0 | 9.5 | 8.6 | 4.7% |
| United Kingdom | 2.4 | 4.8 | 3.4 | 6.5 | 39.4% |
| Others | 96.2 | 88.0 | 70.2 | 88.4 | -2.8% |
| Total | 463 | 399 | 419 | 514 | 3.5% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Brazil in 2022:
- United States (14.6K tons)
- Colombia (13.1K tons)
- Argentina (9.5K tons)
- Chile (8.8K tons)
- Paraguay (8.0K tons)
- Bolivia (4.9K tons)
- Switzerland (4.6K tons)
- Netherlands (4.5K tons)
- South Africa (3.6K tons)
- Peru (3.6K tons)
- Venezuela (3.5K tons)
- Uruguay (2.3K tons)
- United Kingdom (2.1K tons)
Imports of Food Preparations Not Elsewhere Specified or Included in Brazil
After three years of growth, supplies from abroad of food preparations not elsewhere specified or included decreased by -3.4% to 48K tons in 2022. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of 50K tons, and then fell in the following year.
In value terms, imports of food preparations not elsewhere specified or included totaled $315M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 13%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Food Preparations Not Elsewhere Specified or Included in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.0 | 47.2 | 50.4 | 55.2 | -1.1% |
| Netherlands | 32.1 | 36.8 | 43.1 | 41.9 | 9.3% |
| Uruguay | 36.6 | 40.3 | 36.7 | 38.0 | 1.3% |
| Germany | 23.0 | 24.0 | 32.1 | 31.1 | 10.6% |
| France | 6.4 | 9.0 | 12.6 | 19.2 | 44.2% |
| China | 14.9 | 11.8 | 14.2 | 18.2 | 6.9% |
| Argentina | 14.1 | 14.6 | 14.4 | 16.9 | 6.2% |
| United Kingdom | 13.8 | 13.2 | 12.1 | 12.4 | -3.5% |
| Mexico | 15.3 | 9.2 | 11.7 | 10.7 | -11.2% |
| Italy | 10.6 | 10.6 | 11.9 | 10.1 | -1.6% |
| Spain | 10.1 | 5.0 | 7.5 | 10.1 | 0.0% |
| Singapore | 4.7 | 5.3 | 3.0 | 3.0 | -13.9% |
| Others | 52.5 | 39.6 | 52.2 | 47.9 | -3.0% |
| Total | 291 | 266 | 302 | 315 | 2.7% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Brazil in 2022:
- Germany (10.3K tons)
- Netherlands (10.0K tons)
- France (5.0K tons)
- United States (4.2K tons)
- China (3.6K tons)
- Argentina (3.2K tons)
- Uruguay (2.7K tons)
- Mexico (1.1K tons)
- Spain (1.0K tons)
- Italy (0.9K tons)
- United Kingdom (0.9K tons)
- Singapore (0.7K tons)
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