Brazil: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Brazil

The Brazilian market for coconut, abaca, ramie and other vegetable textile fibres fell slightly to $X in 2022, shrinking by -1.9% against the previous year. Over the period under review, consumption, however, showed a mild expansion. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Brazil

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres shrank to $X in 2022 estimated in export price. In general, production, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by 44% against the previous year. Over the period under review, production of attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of coconut, abaca, ramie and other vegetable textile fibres in Brazil reduced modestly to X tons per ha, waning by -2.6% against 2021 figures. Over the period under review, the yield indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of +8.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, yield of coconut, abaca, ramie and other vegetable textile fibres increased by +2.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the yield increased by 81% against the previous year. The yield of coconut, abaca, ramie and other vegetable textile fibres peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The harvested area of coconut, abaca, ramie and other vegetable textile fibres in Brazil fell to X ha in 2022, remaining constant against 2021 figures. Overall, the harvested area saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the harvested area increased by 23% against the previous year. The harvested area of coconut, abaca, ramie and other vegetable textile fibres peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Brazil

In 2022, approx. X tons of coconut, abaca, ramie and other vegetable textile fibres were exported from Brazil; waning by -7.6% compared with the previous year. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 37%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres dropped to $X in 2022. Overall, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +19.7% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 87%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

China (X tons) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from Brazil, accounting for a 62% share of total exports. Moreover, exports of coconut, abaca, ramie and other vegetable textile fibres to China exceeded the volume sent to the second major destination, Algeria (X tons), sevenfold. Portugal (X tons) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+3.0% per year) and Portugal (-3.6% per year).

In value terms, China ($X) remains the key foreign market for coconut, abaca, ramie and other vegetable textile fibres exports from Brazil, comprising 62% of total exports. The second position in the ranking was taken by Algeria ($X), with an 8.2% share of total exports. It was followed by Portugal, with an 8% share.

From 2012 to 2022, the average annual growth rate of value to China stood at +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (+6.4% per year) and Portugal (-0.6% per year).

Export Prices by Country

In 2022, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, rising by 1.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($X per ton) and Egypt ($X per ton), while the average price for exports to Indonesia ($X per ton) and Algeria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Brazil

After four years of growth, purchases abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by -37.8% to X tons in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 3,579%. Over the period under review, imports of attained the maximum at X tons in 2021, and then shrank significantly in the following year.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres fell dramatically to $X in 2022. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 4,693%. Imports peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, India (X tons) was the main supplier of coconut, abaca, ramie and other vegetable textile fibre to Brazil, accounting for a 97% share of total imports. Moreover, imports of coconut, abaca, ramie and other vegetable textile fibres from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +311.5%.

In value terms, India ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to Brazil, comprising 91% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 9.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +230.9%.

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, picking up by 2.8% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 115%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform