Brazil: Candied Fruit Market 2022

Candied Fruit Market Size in Brazil

In 2021, the Brazilian candied fruit market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption faced a sharp downturn. Candied fruit consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Candied Fruit Production in Brazil

In value terms, candied fruit production dropped modestly to $X in 2021 estimated in export price. Over the period under review, production saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

In 2021, the average candied fruit yield in Brazil amounted to less than X kg per ha, stabilizing at 2020. Over the period under review, the yield showed 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.

The candied fruit harvested area in Brazil totaled less than X ha in 2021, approximately equating the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Candied Fruit Exports

Exports from Brazil

In 2021, shipments abroad of candied fruits increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, candied fruit exports surged to $X in 2021. Overall, exports enjoyed a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

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

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +X%), while 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, with a CAGR of +X%, 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 ton in 2021, surging by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-X%), while the prices for the other major destinations experienced a decline.

Candied Fruit Imports

Imports into Brazil

Candied fruit imports into Brazil dropped sharply to X tons in 2021, with a decrease of -X% compared with the previous year's figure. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, candied fruit imports dropped to $X in 2021. Overall, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest candied fruit supplier to Brazil, accounting for a X% share of total imports. Moreover, candied fruit imports from China exceeded the figures recorded by the second-largest supplier, Chile (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume 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).

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

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +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

The average candied fruit import price stood at $X per ton in 2021, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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