Spices; Mixtures Price in Brazil - 2023

Contents:

  1. Spices; Mixtures Price in Brazil (CIF) - 2022
  2. Spices; Mixtures Price in Brazil (FOB) - 2022
  3. Spices; Mixtures Imports in Brazil
  4. Spices; Mixtures Exports in Brazil

Spices; Mixtures Price in Brazil (CIF) - 2022

In 2022, the average spices; mixtures import price amounted to $8,676 per ton, growing by 77% against the previous year. Overall, the import price, however, saw a pronounced decrease. Over the period under review, average import prices attained the peak figure at $13,420 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($8,837 per ton), while the price for Germany stood at $7,072 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Spices; Mixtures Price in Brazil (FOB) - 2022

In 2022, the average spices; mixtures export price amounted to $12,958 per ton, dropping by -20.4% against the previous year. In general, the export price, however, continues to indicate moderate growth. The growth pace was the most rapid in 2015 an increase of 166% against the previous year. As a result, the export price reached the peak level of $27,018 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($30,000 per ton), while the average price for exports to the Netherlands ($4,168 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 Paraguay (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Spices; Mixtures Imports in Brazil

In 2022, purchases abroad of spices; mixtureses decreased by -2.9% to 14 tons, falling for the second consecutive year after two years of growth. In general, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 169%. As a result, imports attained the peak of 41 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, spices; mixtures imports soared to $118K in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports attained the peak of $159K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Spices; Mixtures in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.591.333.389.118.5%
Lebanon6.411.44.97.45.0%
India5.222.68.1N/A24.8%
Others15.733.422.321.711.4%
Total80.815968.611813.5%

Top Suppliers of Spices; Mixtures to Brazil in 2022:

  1. Germany (12.6 tons)
  2. Lebanon (0.8 tons)

Spices; Mixtures Exports in Brazil

In 2022, overseas shipments of spices; mixtureses increased by 25% to 808 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a significant decrease.

In value terms, spices; mixtures exports fell to $10K in 2022. Over the period under review, exports, however, continue to indicate a dramatic downturn.

Export of Spices; Mixtures in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ParaguayN/A0.2N/A3.6324.3%
United StatesN/A0.40.92.5150.0%
ChileN/AN/AN/A2.20%
Netherlands0.10.30.20.458.7%
SurinameN/AN/AN/A0.40%
FranceN/A0.30.40.30.0%
BelgiumN/A0.1N/A0.241.4%
Bolivia23.516.8N/AN/A-28.5%
United Arab Emirates21.51.92.5N/A-65.9%
Others0.81.56.40.94.0%
Total45.921.510.510.5-38.8%

Top Export Markets for Spices; Mixtures from Brazil in 2022:

  1. Chile (233.0 kg)
  2. United States (162.0 kg)
  3. Paraguay (120.0 kg)
  4. Netherlands (101.0 kg)
  5. Suriname (43.0 kg)
  6. France (36.0 kg)
  7. Belgium (22.0 kg)

Source: IndexBox Market Intelligence Platform

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