Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Brazil - 2024
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil (CIF) - 2024
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil (CIF) - 2024
The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $944 per ton in February 2024, with an increase of 13% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Argentina ($968 per ton), while the price for Egypt totaled $895 per ton.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Argentina (+2.7%).
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil (FOB) - 2022
In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $4,957 per ton, growing by 14% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 23%. The export price peaked at $6,437 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
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 Norway ($19,000 per ton), while the average price for exports to Chile ($740 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+89.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil
Imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into Brazil declined rapidly to 14 tons in 2022, reducing by -86.6% compared with the year before. Over the period under review, imports faced a dramatic contraction. The smallest decline of -72.3% was in 2020.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced rapidly to $20K in 2022. Overall, imports continue to indicate a significant contraction. The smallest decline of -77.9% was in 2020.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 166 | 50.8 | 20.1 | -65.2% |
| Spain | 3,186 | 86.1 | N/A | N/A | -97.3% |
| Peru | 378 | 167 | N/A | N/A | -55.8% |
| Egypt | 3,523 | 1,191 | 16.3 | N/A | -93.2% |
| Others | 212 | 3.5 | 40.4 | N/A | -56.3% |
| Total | 7,299 | 1,614 | 108 | 20.1 | -86.0% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Brazil in 2022:
- Argentina (13.6 tons)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil
In 2022, the amount of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia exported from Brazil dropped notably to 752 kg, waning by -41.8% on the year before. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of 66%. As a result, the exports attained the peak of 1.3 tons, and then shrank sharply in the following year.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia contracted significantly to $3.7K in 2022. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of $5.6K, and then dropped rapidly in the following year.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Marshall Islands | 720 | 963 | 723 | 1,484 | 27.3% |
| Panama | 407 | 294 | 624 | 416 | 0.7% |
| Bahamas | 301 | 309 | 1,196 | 409 | 10.8% |
| Liberia | 1,180 | 346 | 868 | 205 | -44.2% |
| Malta | 799 | 136 | 596 | 198 | -37.2% |
| Greece | 128 | 12.0 | 130 | 74.0 | -16.7% |
| Chile | 101 | N/A | N/A | 37.0 | -28.4% |
| Iran | 433 | 272 | N/A | N/A | -37.2% |
| Turkey | N/A | 383 | 267 | N/A | -30.3% |
| Others | 671 | 1,164 | 1,205 | 905 | 10.5% |
| Total | 4,740 | 3,879 | 5,609 | 3,728 | -7.7% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Brazil in 2022:
- Panama (244.0 kg)
- Marshall Islands (184.0 kg)
- Bahamas (53.0 kg)
- Chile (50.0 kg)
- Malta (35.0 kg)
- Liberia (26.0 kg)
- Greece (16.0 kg)
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