Brazil: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in Brazil

In 2021, the Brazilian prepared dish and meal market increased by 8.3% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Prepared Dishes And Meals in Brazil

In value terms, prepared dish and meal production rose markedly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Prepared Dishes And Meals

Exports from Brazil

In 2021, the amount of prepared dishes and meals exported from Brazil expanded notably to X tons, growing by 8.6% against 2020 figures. In general, total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -4.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when exports increased by 32%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, prepared dish and meal exports stood at $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 29% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons), the United States (X tons) and Colombia (X tons) were the main destinations of prepared dish and meal exports from Brazil, with a combined 35% share of total exports. Paraguay, the Netherlands, Bolivia, Venezuela, Chile, Peru, Switzerland, Russia, Uruguay and Belgium lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +68.9%), while the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X), Colombia ($X) and Venezuela ($X) constituted the largest markets for prepared dish and meal exported from Brazil worldwide, together comprising 45% of total exports. The United States, Paraguay, the Netherlands, Argentina, Uruguay, Chile, Peru, Russia, Switzerland and Belgium lagged somewhat behind, together comprising a further 43%.

The Netherlands, with a CAGR of +68.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared dish and meal export price stood at $X per ton in 2021, remaining constant against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Argentina ($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 Uruguay (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into Brazil

In 2021, purchases abroad of prepared dishes and meals increased by 10% to X tons, rising for the fourth year in a row after three years of decline. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 15%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, prepared dish and meal imports expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 14%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of prepared dish and meal imports to Brazil, together accounting for 59% of total imports. The United States, China, Uruguay, Argentina, Italy, Mexico, the UK, Singapore, Spain and Malaysia lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +305.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Uruguay ($X) appeared to be the largest prepared dish and meal suppliers to Brazil, together comprising 43% of total imports. Germany, Argentina, China, France, the UK, Italy, Mexico, Spain, Singapore and Malaysia lagged somewhat behind, together comprising a further 41%.

Singapore, with a CAGR of +279.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average prepared dish and meal import price amounted to $X per ton, growing by 2.9% against the previous year. Overall, the import price, however, showed a slight contraction. The growth pace was the most rapid in 2019 an increase of 5.7% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Uruguay ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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