Price for Protein; Concentrates and Textured Protein Substances in Brazil - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Brazil (FOB) - 2024
- Price for Protein; Concentrates and Textured Protein Substances in Brazil (CIF) - 2024
- Exports of Protein; Concentrates and Textured Protein Substances in Brazil
- Imports of Protein; Concentrates and Textured Protein Substances in Brazil
Price for Protein; Concentrates and Textured Protein Substances in Brazil (FOB) - 2024
In September 2023, the average export price for protein; concentrates and textured protein substanceses amounted to $2,118 per ton, waning by -7.9% against the previous month. Overall, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices reached the peak figure at $2,568 per ton in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the Netherlands ($6,335 per ton), while the average price for exports to Nigeria ($693 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Brazil (CIF) - 2024
In September 2023, the average import price for protein; concentrates and textured protein substanceses amounted to $3,356 per ton, waning by -10.4% against the previous month. Over the period under review, the import price saw a perceptible decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 90% m-o-m. The import price peaked at $6,546 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($23,780 per ton), while the price for Argentina ($659 per ton) was amongst the lowest.
From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Protein; Concentrates and Textured Protein Substances in Brazil
In 2022, the amount of protein; concentrates and textured protein substanceses exported from Brazil totaled 33K tons, growing by 3% against 2021 figures. The total export volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 38%. As a result, the exports attained the peak of 35K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of protein; concentrates and textured protein substanceses soared to $78M in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 65%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
Export of Protein; Concentrates and Textured Protein Substances in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 4.5 | 5.2 | 11.6 | 13.6 | 44.6% |
United States | 2.0 | 7.6 | 9.2 | 11.1 | 77.1% |
South Africa | 0.7 | 1.8 | 1.3 | 9.4 | 137.7% |
Chile | 1.2 | 3.2 | 7.5 | 7.3 | 82.5% |
Netherlands | 2.0 | 1.0 | 1.4 | 5.8 | 42.6% |
Argentina | 4.1 | 4.9 | 6.1 | 5.7 | 11.6% |
Ecuador | 0.7 | 1.1 | 3.2 | 3.3 | 67.7% |
Dominican Republic | 0.5 | 1.2 | 1.9 | 2.8 | 77.6% |
Guatemala | 0.2 | 0.7 | 1.2 | 2.5 | 132.1% |
Peru | 0.4 | 0.5 | 1.7 | 2.0 | 71.0% |
Uruguay | 8.2 | 23.4 | 1.0 | 1.9 | -38.6% |
Malaysia | 1.3 | 0.9 | 1.9 | 1.8 | 11.5% |
Jordan | 0.2 | 0.8 | 1.0 | 1.8 | 108.0% |
Others | 11.0 | 8.8 | 8.2 | 9.1 | -6.1% |
Total | 37.0 | 61.1 | 57.3 | 78.1 | 28.3% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Brazil in 2022:
- United States (6.0K tons)
- Colombia (5.2K tons)
- South Africa (3.4K tons)
- Chile (2.9K tons)
- Argentina (2.2K tons)
- Malaysia (1.4K tons)
- Netherlands (1.2K tons)
- Jordan (1.2K tons)
- Ecuador (1.2K tons)
- Guatemala (1.0K tons)
- Dominican Republic (1.0K tons)
- Uruguay (0.9K tons)
- Peru (0.7K tons)
Imports of Protein; Concentrates and Textured Protein Substances in Brazil
For the fourth year in a row, Brazil recorded growth in supplies from abroad of protein; concentrates and textured protein substanceses, which increased by 8% to 2.4K tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses expanded significantly to $9.1M in 2022. Over the period under review, imports, however, saw a pronounced descent.
Import of Protein; Concentrates and Textured Protein Substances in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.5 | 5.5 | 5.3 | 5.1 | -18.7% |
China | 0.3 | 1.2 | 1.7 | 2.9 | 113.0% |
Argentina | N/A | N/A | 0.2 | 0.6 | 200.0% |
Others | 0.5 | 1.3 | 1.1 | 0.5 | 0.0% |
Total | 10.2 | 8.0 | 8.3 | 9.1 | -3.7% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Brazil in 2022:
- Argentina (853.3 tons)
- China (823.8 tons)
- United States (669.3 tons)
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in Brazil.
This report provides an in-depth analysis of the market for prepared dishes and meal in Brazil.
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Brazil.
This report provides an in-depth analysis of the global market for protein concentrate and flavoured or coloured sugar syrup.
This report provides an in-depth analysis of the global market for prepared dishes and meal.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
This report provides an in-depth analysis of the market for protein concentrate and flavoured or coloured sugar syrup in Brazil.
This report provides an in-depth analysis of the market for prepared dishes and meal in Brazil.
This report provides an in-depth analysis of the global market for protein concentrate and flavoured or coloured sugar syrup.
This report provides an in-depth analysis of the global market for prepared dishes and meal.
Discover the top import markets for prepared dishes and meals worldwide. Explore key statistics and understand the magnitude of the industry. Find out which countries lead the market in import value and why. Read more on IndexBox market intelligence platform.
Explore the top import markets for hot-dipped metal-coated sheet, including the United States, Germany, Belgium, and more. Discover key statistics and data from the IndexBox market intelligence platform.
Discover the top import markets for prepared dishes and meals worldwide. Explore key statistics and understand the magnitude of the industry. Find out which countries lead the market in import value and why. Read more on IndexBox market intelligence platform.