Brazil - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Brazil - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Preserved and Frozen Vegetable in Brazil - 2023

Contents:

  1. Price for Preserved and Frozen Vegetable in Brazil (CIF) - 2023
  2. Price for Preserved and Frozen Vegetable in Brazil (FOB) - 2023
  3. Imports of Preserved and Frozen Vegetable in Brazil
  4. Exports of Preserved and Frozen Vegetable in Brazil

Price for Preserved and Frozen Vegetable in Brazil (CIF) - 2023

In October 2023, the average preserved and frozen vegetable import price amounted to $1,448 per ton, falling by -1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 7.8% m-o-m. Over the period under review, average import prices hit record highs at $1,510 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Argentina ($1,612 per ton) and the Netherlands ($1,476 per ton), while the price for Egypt ($1,214 per ton) and Belgium ($1,255 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Argentina (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Preserved and Frozen Vegetable in Brazil (FOB) - 2023

In October 2023, the average preserved and frozen vegetable export price amounted to $1,191 per ton, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The pace of growth was the most pronounced in March 2023 an increase of 12% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,199 per ton in July 2023; afterwards, it flattened through to October 2023.

Average prices varied noticeably for the major overseas markets. In October 2023, the countries with the highest prices were Chile ($1,288 per ton) and the United States ($1,272 per ton), while the average price for exports to Bolivia ($1,140 per ton) and Uruguay ($1,155 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preserved and Frozen Vegetable in Brazil

After three years of growth, purchases abroad of vegetables (preserved, frozen) decreased by -6.7% to 377K tons in 2022. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 9.1%.

In value terms, preserved and frozen vegetable imports skyrocketed to $403M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Preserved and Frozen Vegetable in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina225160177210-2.3%
Belgium66.393.592.713125.5%
Netherlands39.145.238.946.86.2%
Turkey5.24.614.42.6-20.6%
Others23.214.113.613.2-17.1%
Total3593183364033.9%

Top Suppliers of Preserved and Frozen Vegetable to Brazil in 2022:

  1. Argentina (186.7K tons)
  2. Belgium (138.6K tons)
  3. Netherlands (39.3K tons)
  4. Turkey (2.0K tons)

Exports of Preserved and Frozen Vegetable in Brazil

Preserved and frozen vegetable exports from Brazil soared to 8.5K tons in 2022, with an increase of 127% compared with 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 521%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, preserved and frozen vegetable exports skyrocketed to $6.8M in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 317% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Preserved and Frozen Vegetable in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UruguayN/A1292,0744,108464.3%
BoliviaN/A2064351,458166.0%
ParaguayN/AN/A33.35651596.7%
United States1.921.25.1414501.7%
Argentina64.415648.11.2-73.5%
Others13614213420815.2%
Total2036542,7296,754221.6%

Top Export Markets for Preserved and Frozen Vegetable from Brazil in 2022:

  1. Argentina (undefinedK tons)
  2. Uruguay (5.5K tons)
  3. Bolivia (1.7K tons)
  4. Paraguay (0.7K tons)
  5. United States (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for preserved and frozen vegetable 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 475 - Vegetables, Preserved (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:

  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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