Brazil: Candied Fruit Market Overview 2021

Candied Fruit Market Size in Brazil

In 2020, the Brazilian candied fruit market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Candied Fruit Production in Brazil

In value terms, candied fruit production fell to $X in 2020 estimated in export prices. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2012 to 2020, production growth remained at a lower figure.

The average yield of candied fruits in Brazil amounted to X kg per ha in 2020, remaining constant against 2019 figures. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of candied fruits were harvested in Brazil; almost unchanged from 2019. Over the period under review, the harvested area showed a relatively flat trend pattern.

Candied Fruit Exports

Exports from Brazil

In 2020, after two years of decline, there was significant growth in overseas shipments of candied fruits, when their volume increased by X% to X tonnes. Over the period under review, exports recorded a mild expansion. Over the period under review, exports reached the peak figure at X tonnes in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, candied fruit exports soared to $X in 2020. In general, exports enjoyed a slight increase. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tonnes), Chile (X tonnes) and Uruguay (X tonnes) were the main destinations of candied fruit exports from Brazil, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina, while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for candied fruit exported from Brazil were Argentina ($X), Chile ($X) and Uruguay ($X), together accounting for X% of total exports.

Argentina recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average candied fruit export price stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Argentina ($X per tonne), while the average price for exports to Chile ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Chile, while the prices for the other major destinations experienced mixed trend patterns.

Candied Fruit Imports

Imports into Brazil

In 2020, the amount of candied fruits imported into Brazil skyrocketed to X tonnes, rising by X% against the year before. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, candied fruit imports declined significantly to $X in 2020. In general, imports enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) constituted the largest candied fruit supplier to Brazil, with a X% share of total imports. Moreover, candied fruit imports from China exceeded the figures recorded by the second-largest supplier, Chile (X tonnes), fourfold. Viet Nam (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-X% per year) and Viet Nam (X% per year).

In value terms, China ($X) constituted the largest supplier of candied fruit to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Chile ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-X% per year) and Italy (+X% per year).

Import Prices by Country

In 2020, the average candied fruit import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price showed a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Chile ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform