Brazil: Sausage Market 2024

Sausage Market Size in Brazil

In 2022, the Brazilian sausage market decreased by X% to $X, falling for the second year in a row after five years of growth. In general, consumption continues to indicate a relatively flat trend pattern. Sausage consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sausage Production in Brazil

In value terms, sausage production reached $X in 2022 estimated in export price. Overall, production, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Sausage Exports

Exports from Brazil

In 2022, overseas shipments of sausages and similar products of meat increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sausage exports surged to $X in 2022. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Venezuela (X tons), Angola (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of sausage exports from Brazil, with a combined X% share of total exports. Ghana, Japan, Nigeria, Cuba, Congo, Haiti, Liberia, Singapore, Paraguay and Guyana lagged somewhat behind, together accounting for 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 Nigeria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X) remains the key foreign market for sausages and similar products of meat exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Venezuela totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Japan (X% per year).

Export Prices by Country

The average sausage export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Congo ($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 Cuba (X%), while the prices for the other major destinations experienced a decline.

Sausage Imports

Imports into Brazil

In 2022, approx. X tons of sausages and similar products of meat were imported into Brazil; with a decrease of X% on the year before. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, sausage imports dropped significantly to $X in 2022. In general, total imports indicated moderate 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. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Italy (X tons), Spain (X tons) and Portugal (X tons) were the main suppliers of sausage imports to Brazil, with a combined X% share of total imports.

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

In value terms, the largest sausage suppliers to Brazil were Italy ($X), Spain ($X) and Portugal ($X), with a combined X% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sausage import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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