Brazil - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingVegetable Oils Price in Brazil - 2023
Contents:
- Vegetable Oils Price in Brazil (CIF) - 2023
- Vegetable Oils Price in Brazil (FOB) - 2023
- Vegetable Oils Imports in Brazil
- Vegetable Oils Exports in Brazil
Vegetable Oils Price in Brazil (CIF) - 2023
The average vegetable oils import price stood at $2,232 per ton in June 2023, falling by -2.2% against the previous month. Overall, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in January 2023 an increase of 23% month-to-month. The import price peaked at $3,877 per ton in October 2022; however, from November 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($8,392 per ton), while the price for Indonesia ($1,533 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Peru (+10.1%), while the prices for the other major suppliers experienced a decline.
Vegetable Oils Price in Brazil (FOB) - 2023
In June 2023, the average vegetable oils export price amounted to $2,333 per ton, reducing by -2.2% against the previous month. Over the period under review, the export price continues to indicate a pronounced descent. The pace of growth was the most pronounced in November 2022 an increase of 8.3% month-to-month. Over the period under review, the average export prices attained the maximum at $3,142 per ton in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($2,981 per ton), while the average price for exports to France ($830 per ton) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (-0.0%), while the prices for the other major destinations experienced a decline.
Vegetable Oils Imports in Brazil
For the third consecutive year, Brazil recorded decline in overseas purchases of vegetable fats and oils, which decreased by -22.1% to 9K tons in 2022. Overall, imports showed a abrupt contraction. The smallest decline of -8% was in 2021.
In value terms, vegetable oils imports soared to $28M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Oils in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 12.4 | 8.3 | 7.4 | 9.6 | -8.2% |
| Indonesia | 5.5 | 4.1 | 7.4 | 8.3 | 14.7% |
| United States | 1.4 | 1.9 | 2.1 | 3.7 | 38.3% |
| Ecuador | 0.4 | 0.3 | 0.9 | 2.0 | 71.0% |
| Sweden | 2.1 | 1.7 | 0.9 | 0.8 | -27.5% |
| India | 1.0 | 1.4 | 1.6 | 0.7 | -11.2% |
| Others | 1.3 | 2.3 | 2.3 | 3.1 | 33.6% |
| Total | 24.0 | 20.0 | 22.5 | 28.2 | 5.5% |
Top Suppliers of Vegetable Oils to Brazil in 2022:
- Indonesia (3.4K tons)
- Malaysia (3.4K tons)
- Ecuador (0.7K tons)
- United States (0.4K tons)
- India (0.2K tons)
- Sweden (0.1K tons)
Vegetable Oils Exports in Brazil
In 2022, approx. 9.7K tons of vegetable fats and oils were exported from Brazil; growing by 51% against 2021. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 110% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, vegetable oils exports surged to $24M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 137%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Vegetable Oils in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 0.9 | 0.8 | 5.0 | 9.9 | 122.4% |
| Argentina | 0.9 | 0.9 | 1.9 | 8.0 | 107.1% |
| United States | 0.8 | 0.5 | 0.9 | 2.1 | 37.9% |
| Paraguay | 1.1 | 1.1 | 1.9 | 1.2 | 2.9% |
| Colombia | 0.2 | 0.1 | 0.2 | 0.8 | 58.7% |
| Bolivia | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Trinidad and Tobago | 0.5 | 0.5 | 0.7 | 0.4 | -7.2% |
| Chile | 0.3 | 0.1 | 0.4 | 0.1 | -30.7% |
| Others | 0.3 | 0.5 | 0.3 | 0.7 | 32.6% |
| Total | 4.9 | 4.8 | 11.3 | 23.8 | 69.4% |
Top Export Markets for Vegetable Oils from Brazil in 2022:
- Chile (undefinedK tons)
- Uruguay (4.9K tons)
- Argentina (2.4K tons)
- United States (0.8K tons)
- Paraguay (0.6K tons)
- Colombia (0.3K tons)
- Bolivia (0.2K tons)
- Trinidad and Tobago (0.1K tons)
This report provides an in-depth analysis of the vegetable oils market 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:
- Prodcom 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
432
This report provides an in-depth analysis of the vegetable oils market in Brazil.
776
This report provides an in-depth analysis of the animal fats market in Brazil.
1635
This report provides an in-depth analysis of the global vegetable oils market.
1088
This report provides an in-depth analysis of the global animal fats market.
432
This report provides an in-depth analysis of the vegetable oils market in Brazil.
776
This report provides an in-depth analysis of the animal fats market in Brazil.
1635
This report provides an in-depth analysis of the global vegetable oils market.
1088
This report provides an in-depth analysis of the global animal fats market.
277
This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.
277
This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.
