Brazil: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in Brazil

In 2020, the Brazilian prepared frozen vegetable market decreased by -X% to $X, falling for the sixth year in a row after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Prepared frozen vegetable consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Prepared Frozen Vegetable Production in Brazil

In value terms, prepared frozen vegetable production shrank to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Prepared Frozen Vegetable Exports

Exports from Brazil

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) increased by X% to X tons, rising for the seventh year in a row after six years of decline. Over the period under review, exports, however, faced a abrupt slump. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, prepared frozen vegetable exports fell slightly to $X in 2020. Overall, exports, however, faced a abrupt decrease. The smallest decline of -X% was in 2014. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for prepared frozen vegetable exports from Brazil, accounting for a X% share of total exports. It was followed by Greece (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the United States totaled +X%.

In value terms, the United States ($X) emerged as the key foreign market for prepared frozen vegetable exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Greece ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the United States stood at +X%.

Export Prices by Country

In 2020, the average prepared frozen vegetable export price amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price showed a noticeable downturn. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Greece ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+X% per year).

Prepared Frozen Vegetable Imports

Imports into Brazil

For the fourteenth year in a row, Brazil recorded growth in purchases abroad of frozen vegetables and mixtures of vegetables (prepared or preserved), which increased by X% to X tons in 2020. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, prepared frozen vegetable imports totaled $X in 2020. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, the Netherlands (X tons) constituted the largest prepared frozen vegetable supplier to Brazil, with a X% share of total imports. Moreover, prepared frozen vegetable imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X tons), sevenfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Spain (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of prepared frozen vegetable to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the UK (+X% per year).

Import Prices by Country

The average prepared frozen vegetable import price stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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