Report Update Jan 1, 2025

Brazil - Carob - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Carob Market 2025

Carob Market Size in Brazil

After two years of growth, the Brazilian carob market decreased by -9.1% to $X in 2021. In general, consumption, however, continues to indicate a strong expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Carob Exports

Exports from Brazil

In 2021, after three years of growth, there was significant decline in shipments abroad of carob, when their volume decreased by -78.4% to X kg. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 504%. Over the period under review, the exports hit record highs at X kg in 2020, and then dropped markedly in the following year.

In value terms, carob exports dropped notably to $X in 2021. Over the period under review, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 147%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for carob exports from Brazil, accounting for a 60% share of total exports. Moreover, carob exports to China exceeded the volume sent to the second major destination, Canada (X kg), threefold. Bahamas (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to -15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+0.9% per year) and Bahamas (+24.1% per year).

In value terms, China ($X) emerged as the key foreign market for carob exports from Brazil, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 2.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to -24.9%.

Export Prices by Country

In 2021, the average carob export price amounted to $X per ton, jumping by 72% against the previous year. Overall, the export price, however, showed a abrupt downturn. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Bahamas ($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 Germany (-5.0%), while the prices for the other major destinations experienced a decline.

Carob Imports

Imports into Brazil

In 2021, supplies from abroad of carob decreased by -23.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, saw strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 841% against the previous year. 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, carob imports shrank to $X in 2021. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 1,012%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest carob supplier to Brazil, with a 54% share of total imports. Moreover, carob imports from Spain exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. Algeria (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+12.8% per year) and Algeria (+29.7% per year).

In value terms, Spain ($X) constituted the largest supplier of carob to Brazil, comprising 51% of total imports. The second position in the ranking was held by Portugal ($X), with a 21% share of total imports. It was followed by Algeria, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+17.3% per year) and Algeria (+27.6% per year).

Import Prices by Country

The average carob import price stood at $X per ton in 2021, with an increase of 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Algeria ($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 (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, together accounting for 51% of global consumption. Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt lagged somewhat behind, together accounting for a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, with a combined 57% share of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to Brazil?

In value terms, Spain constituted the largest supplier of carob to Brazil.

What are the leading importers of carob from Brazil?

In value terms, the largest markets for carob exported from Brazil were Cyprus $33), Liberia $20) and China $18), together accounting for 76% of total exports. Marshall Islands, Bahamas and Panama lagged somewhat behind, together accounting for a further 24%.

What is the average export price for carob in Brazil?

In 2020, the average carob export price amounted to $610 per ton, shrinking by -30.1% against the previous year.

What is the average import price for carob in Brazil?

In 2020, the average carob import price amounted to $1,117 per ton, rising by 15% against the previous year.

This report provides an in-depth analysis of the carob market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 461 - Carobs

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024