Brazil: Date Market 2024

Date Market Size in Brazil

The Brazilian date market soared to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a buoyant expansion. Date consumption peaked in 2022 and is expected to retain growth in the near future.

Date Exports

Exports from Brazil

In 2022, shipments abroad of dates decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, date exports declined rapidly to $X in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Marshall Islands (X kg), Panama (X kg) and Liberia (X kg) were the main destinations of date exports from Brazil, together accounting for X% of total exports. Singapore, Hong Kong SAR, Bahamas, Barbados, Cyprus, Saint Vincent and the Grenadines, Denmark, Paraguay, Norway and Togo lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saint Vincent and the Grenadines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for date exported from Brazil were Marshall Islands ($X), Panama ($X) and Liberia ($X), with a combined X% share of total exports. Singapore, Hong Kong SAR, Barbados, Bahamas, Denmark, Paraguay, Togo, Norway, Saint Vincent and the Grenadines and Cyprus lagged somewhat behind, together comprising a further X%.

Saint Vincent and the Grenadines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average date export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price showed a notable increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($X per ton), while the average price for exports to Cyprus ($X 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 Liberia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Date Imports

Imports into Brazil

Date imports into Brazil skyrocketed to X tons in 2022, surging by X% against 2021. Over the period under review, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, date imports stood at $X in 2022. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Tunisia (X tons) constituted the largest supplier of date to Brazil, accounting for a X% share of total imports. Moreover, date imports from Tunisia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Tunisia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Spain (X% per year).

In value terms, Tunisia ($X) constituted the largest supplier of dates to Brazil, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Tunisia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average date import price amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per ton) and the United Arab Emirates ($X per ton), while the price for Egypt ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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