Brazil: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Brazil

The Brazilian peach and nectarine market amounted to $X in 2022, leveling off at the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Peach And Nectarine Production in Brazil

In value terms, peach and nectarine production stood at $X in 2022 estimated in export price. Overall, production posted a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

In 2022, the average peach and nectarine yield in Brazil reached X tons per ha, picking up by X% on 2021. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the average peach and nectarine 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 harvested area of peaches and nectarines in Brazil dropped slightly to X ha, standing approx. at the previous year. In general, the harvested area saw a noticeable decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to peach and nectarine production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

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Peach And Nectarine Exports

Exports from Brazil

In 2022, shipments abroad of peaches and nectarines decreased by X% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, peach and nectarine exports reduced to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for peach and nectarine exports from Brazil, with a X% share of total exports. Moreover, peach and nectarine exports to Canada exceeded the volume sent to the second major destination, Paraguay (X tons), more than tenfold. The third position in this ranking was taken by Marshall Islands (X tons), with a X% share.

From 2014 to 2022, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (X% per year) and Marshall Islands (X% per year).

In value terms, Canada ($X) remains the key foreign market for peaches and nectarines exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Marshall Islands ($X), with a X% share of total exports. It was followed by Panama, with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Marshall Islands (X% per year) and Panama (X% per year).

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price saw buoyant growth. The growth pace was the most rapid in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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 Liberia ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2014 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 more modest paces of growth.

Peach And Nectarine Imports

Imports into Brazil

In 2022, supplies from abroad of peaches and nectarines decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, peach and nectarine imports expanded markedly to $X in 2022. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Chile (X tons), Spain (X tons) and Argentina (X tons) were the main suppliers of peach and nectarine imports to Brazil, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Chile ($X), Spain ($X) and Argentina ($X) constituted the largest peach and nectarine suppliers to Brazil, together accounting for X% of total imports.

In terms of the main suppliers, Chile, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average peach and nectarine import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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