Brazil: Cream Market 2021

Cream Market Size in Brazil

In 2020, the Brazilian cream market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Overall, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Cream consumption peaked at $X in 2012; however, from 2013 to 2020, consumption stood at a somewhat lower figure.

Cream Production in Brazil

In value terms, cream production expanded modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2012 to 2020, production growth remained at a somewhat lower figure.

Cream Exports

Exports from Brazil

In 2020, shipments abroad of cream decreased by -X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked at X tons in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, cream exports declined to $X in 2020. Overall, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Venezuela (X tons) was the main destination for cream exports from Brazil, accounting for a X% share of total exports. Moreover, cream exports to Venezuela exceeded the volume sent to the second major destination, Bolivia (X tons), twofold. Paraguay (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Venezuela stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-X% per year) and Paraguay (-X% per year).

In value terms, Venezuela ($X) remains the key foreign market for cream exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of total exports. It was followed by Trinidad and Tobago, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Venezuela stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-X% per year) and Trinidad and Tobago (-X% per year).

Export Prices by Country

In 2020, the average cream export price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, export price indicated a notable expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cream export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Cream Imports

Imports into Brazil

In 2020, approx. X kg of cream were imported into Brazil; approximately reflecting 2019. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

In value terms, cream imports totaled $X in 2020. Overall, imports faced a drastic downturn. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2010 to 2020, the growth imports remained at a lower figure.

Imports by Country

The U.S. (X tons) and Italy (X tons) were the main suppliers of cream imports to Brazil, with a combined X% share of total imports.

From 2007 to 2011, the biggest increases were in the U.S..

In value terms, the U.S. ($X) constituted the largest supplier of cream to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2011, the average annual rate of growth in terms of value from the U.S. amounted to +X%.

Import Prices by Country

In 2011, the average cream import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate prominent growth. The pace of growth was the most pronounced in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum in 2011 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Italy stood at $X per ton.

From 2007 to 2011, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :