
Brazil - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights
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Brazil: Canary Seed Market Overview 2021
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Canary Seed Market Size in Brazil
In 2019, after three years of growth, there was significant decline in the Brazilian canary seed market, when its value decreased by -X% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a lower figure.
Canary Seed Exports
Exports from Brazil
In 2019, overseas shipments of canary seed increased by X% to X tonnes, rising for the fourth consecutive year after five years of decline. Over the period under review, exports enjoyed measured growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in years to come.
In value terms, canary seed exports skyrocketed to $X in 2019. Overall, exports showed a moderate increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to continue growth in the near future.
Exports by Country
Paraguay (X tonnes) was the main destination for canary seed exports from Brazil, accounting for a X% share of total exports. It was followed by Suriname (X kg), with a X% share of total exports.
From 2007 to 2019, the average annual rate of growth in terms of volume to Paraguay totaled +X%.
In value terms, Paraguay ($X) remains the key foreign market for canary seed exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Suriname ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to Paraguay amounted to +X%.
Export Prices by Country
In 2019, the average canary seed export price amounted to $X per tonne, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2011; however, from 2012 to 2019, export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Paraguay ($X per tonne), while the average price for exports to Suriname totaled $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay.
Canary Seed Imports
Imports into Brazil
In 2019, purchases abroad of canary seed decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth imports failed to regain the momentum.
In value terms, canary seed imports reduced to $X in 2019. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.
Imports by Country
Argentina (X tonnes) and Canada (X tonnes) were the main suppliers of canary seed imports to Brazil.
From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina.
In value terms, Argentina ($X) and Canada ($X) were the largest canary seed suppliers to Brazil.
In terms of the main suppliers, Argentina saw the highest rates of growth with regard to the value of imports, over the period under review.
Import Prices by Country
In 2019, the average canary seed import price amounted to $X per tonne, approximately equating the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Argentina ($X per tonne), while the price for Canada stood at $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for canary seed in the world?+
The countries with the highest volumes of canary seed consumption in 2019 were Thailand (39K tonnes), Mexico (37K tonnes) and Brazil (29K tonnes), together accounting for 36% of global consumption. These countries were followed by Argentina, Belgium, Spain, Indonesia, Colombia, Italy, the U.S., Australia, Canada and Algeria, which together accounted for a further 40%.
What are the largest producers of canary seed in the world?+
Canada (175K tonnes) remains the largest canary seed producing country worldwide, comprising approx. 61% of total volume. Moreover, canary seed production in Canada exceeded the figures recorded by the second-largest producer, Argentina (41K tonnes), fourfold. The third position in this ranking was occupied by Thailand (39K tonnes), with a 14% share.
What are the leading suppliers of canary seed to Brazil?+
In value terms, Argentina ($8.3M) and Canada ($7M) were the largest canary seed suppliers to Brazil.
What are the leading importers of canary seed from Brazil?+
In value terms, Paraguay ($6.9K) remains the key foreign market for canary seed exports from Brazil, comprising 94% of total exports. The second position in the ranking was occupied by Suriname ($89), with a 1.2% share of total exports.
What is the average export price for canary seed in Brazil?+
In 2019, the average canary seed export price amounted to $1,348 per tonne, surging by 4.5% against the previous year.
What is the average import price for canary seed in Brazil?+
In 2019, the average canary seed import price amounted to $527 per tonne, remaining stable against the previous year.
This report provides an in-depth analysis of the canary seed 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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