Brazil: Market for Frozen Vegetables other than Potato and Corn 2025

Market Size for Frozen Vegetables other than Potato and Corn in Brazil

For the fifth consecutive year, the Brazilian market for frozen vegetables other than potato and corn recorded growth in sales value, which increased by 25% to $X in 2022. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +76.5% against 2015 indices. Consumption of peaked in 2022 and is likely to see gradual growth in the near future.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Brazil

After six years of growth, overseas shipments of frozen vegetables other than potato and corn decreased by -23.8% to X tons in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2016 with an increase of 858%. Over the period under review, the exports of attained the maximum at X tons in 2021, and then contracted significantly in the following year.

In value terms, exports of frozen vegetables other than potato and corn totaled $X in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 652%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Chile (X tons), Marshall Islands (X tons) and Liberia (X tons) were the main destinations of exports of frozen vegetables other than potato and corn from Brazil, with a combined 39% share of total exports. Argentina, Panama, Uruguay, the United States, Hong Kong SAR, Malta, Singapore, Greece, Bahamas and Cyprus lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of +471.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Marshall Islands ($X), Liberia ($X) and Chile ($X) were the largest markets for frozen vegetables other than potato and corn exported from Brazil worldwide, with a combined 38% share of total exports. Panama, Argentina, the United States, Hong Kong SAR, Singapore, Malta, Uruguay, Bahamas, Greece and Cyprus lagged somewhat behind, together comprising a further 47%.

The United States, with a CAGR of +542.5%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average export price for frozen vegetables other than potato and corn amounted to $X per ton, growing by 38% against the previous year. In general, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Brazil

Imports of frozen vegetables other than potato and corn into Brazil soared to X tons in 2022, picking up by 22% on the previous year. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen vegetables other than potato and corn soared to $X in 2022. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.7% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by 26% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Spain (X tons) were the main suppliers of imports of frozen vegetables other than potato and corn to Brazil, together accounting for 63% of total imports. Portugal, France, China and the UK lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +42.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of frozen vegetables other than potato and corn to Brazil, comprising 35% of total imports. The second position in the ranking was held by Spain ($X), with a 15% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +34.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+16.1% per year) and Belgium (+0.0% per year).

Import Prices by Country

The average import price for frozen vegetables other than potato and corn stood at $X per ton in 2022, rising by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.6% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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