Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil - 2024
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil (CIF) - 2024
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil (FOB) - 2022
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil (CIF) - 2024
The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,451 per ton in January 2024, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 13% month-to-month. Over the period under review, average import prices hit record highs in January 2024.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the highest price was recorded for prices from Spain ($1,769 per ton) and Portugal ($1,525 per ton), while the price for Belgium ($1,277 per ton) and Poland ($1,358 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Portugal (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil (FOB) - 2022
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,349 per ton in 2022, rising by 37% against the previous year. Overall, the export price, however, faced a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 61% against the previous year. The export price peaked at $4,044 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($2,774 per ton), while the average price for exports to Argentina ($518 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 the United States (+42.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil
In 2022, after two years of decline, there was significant growth in supplies from abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, when their volume increased by 29% to 21K tons. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen surged to $25M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.0 | 4.0 | 3.8 | 6.6 | 9.7% |
| Belgium | 5.5 | 4.7 | 4.0 | 6.3 | 4.6% |
| China | 1.4 | 3.1 | 3.1 | 3.9 | 40.7% |
| France | 5.6 | 5.7 | 4.5 | 3.5 | -14.5% |
| Portugal | 3.6 | 3.6 | 3.1 | 3.3 | -2.9% |
| Poland | 0.3 | 0.7 | 0.5 | 0.6 | 26.0% |
| Argentina | 0.3 | 0.1 | N/A | 0.5 | 18.6% |
| Turkey | 0.6 | 0.4 | 0.6 | N/A | 0.0% |
| Others | 0.9 | 0.5 | 0.4 | 0.7 | -8.0% |
| Total | 23.2 | 22.8 | 20.0 | 25.5 | 3.2% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Brazil in 2022:
- Belgium (6.1K tons)
- Spain (5.2K tons)
- Portugal (3.4K tons)
- France (2.7K tons)
- China (2.5K tons)
- Poland (0.5K tons)
- Argentina (0.5K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil
In 2022, overseas shipments of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -6.3% to 610 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a noticeable slump. The pace of growth was the most pronounced in 2020 when exports increased by 20% against the previous year. As a result, the exports reached the peak of 846 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen surged to $823K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 23.4 | 26.1 | N/A | 123 | 73.9% |
| Marshall Islands | 66.8 | 71.4 | 84.9 | 103 | 15.5% |
| Liberia | 55.7 | 53.2 | 57.1 | 82.2 | 13.9% |
| Paraguay | 18.6 | 28.6 | 17.8 | 74.9 | 59.1% |
| Chile | 0.1 | 46.6 | 122 | 67.5 | 777.2% |
| Panama | 57.2 | 46.8 | 49.9 | 65.8 | 4.8% |
| Singapore | 38.5 | 27.5 | 27.4 | 32.1 | -5.9% |
| Hong Kong SAR | 35.9 | 32.4 | 32.1 | 31.9 | -3.9% |
| Malta | 31.7 | 23.2 | 28.4 | 29.3 | -2.6% |
| Uruguay | N/A | 0.1 | 50.9 | 25.4 | 1493.7% |
| United States | 38.1 | 3.2 | 15.7 | 23.5 | -14.9% |
| Bahamas | 16.5 | 20.1 | 19.4 | 23.3 | 12.2% |
| Greece | 21.2 | 16.0 | 18.8 | 19.0 | -3.6% |
| Others | 125 | 122 | 115 | 122 | -0.8% |
| Total | 529 | 517 | 640 | 823 | 15.9% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Brazil in 2022:
- Argentina (237.1 tons)
- Marshall Islands (52.3 tons)
- Liberia (43.7 tons)
- Chile (42.6 tons)
- Panama (36.4 tons)
- Paraguay (27.0 tons)
- Uruguay (19.7 tons)
- Singapore (17.1 tons)
- Hong Kong SAR (17.0 tons)
- Malta (15.6 tons)
- United States (13.3 tons)
- Bahamas (12.4 tons)
- Greece (10.1 tons)
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In February 2023, the frozen potato price stood at $1,375 per ton (CIF, Brazil), approximately mirroring the previous month.
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In March 2023, Frozen Vegetable experienced a remarkable growth rate of 30% compared to the previous month. However, the value of frozen vegetable imports decreased to $33M in October 2023.
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