Brazil: Grapefruit Market 2024

Grapefruit Market Size in Brazil

The Brazilian grapefruit market declined slightly to $X in 2022, reducing by X% against the previous year. Overall, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Grapefruit consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Grapefruit Production in Brazil

In value terms, grapefruit production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The average yield of grapefruits in Brazil declined modestly to X tons per ha in 2022, stabilizing at the previous year's figure. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. The grapefruit yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of grapefruits production in Brazil totaled X ha, remaining constant against 2021. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. The grapefruit harvested area peaked at X ha in 2020; afterwards, it flattened through to 2022.

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Grapefruit Exports

Exports from Brazil

In 2022, exports of grapefruits from Brazil rose slightly to X tons, growing by X% on 2021. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2019 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, grapefruit exports fell modestly to $X in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Liberia (X tons), Marshall Islands (X tons) and Singapore (X kg) were the main destinations of grapefruit exports from Brazil, with a combined X% share of total exports. Argentina, Panama, Denmark, Malta, Hong Kong SAR, Bahamas, Portugal, the UK, Norway and Greece lagged somewhat behind, together accounting for a further X%.

From 2018 to 2022, the biggest increases were recorded for Malta (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grapefruit exported from Brazil were Liberia ($X), Marshall Islands ($X) and Denmark ($X), together comprising X% of total exports. Singapore, Hong Kong SAR, Malta, Panama, Bahamas, Argentina, Norway, the UK, Portugal and Greece lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average grapefruit export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2021 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 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (X%), while the prices for the other major destinations experienced a decline.

Grapefruit Imports

Imports into Brazil

In 2022, purchases abroad of grapefruits increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, grapefruit imports soared to $X in 2022. Over the period under review, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest grapefruit supplier to Brazil, accounting for a X% share of total imports. Moreover, grapefruit imports from Spain exceeded the figures recorded by the second-largest supplier, Uruguay (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Egypt (X% per year).

In value terms, Spain ($X) constituted the largest supplier of grapefruits to Brazil, comprising X% of total imports. The second position in the ranking was held by Uruguay ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Egypt (X% per year).

Import Prices by Country

The average grapefruit import price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%).

Source: IndexBox Platform

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