Brazil: Market for Glycosides And Vegetable Alkaloids 2025

Market Size for Glycosides And Vegetable Alkaloids in Brazil

In 2021, the Brazilian glycosides and vegetable alkaloids market decreased by -6% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Glycosides And Vegetable Alkaloids in Brazil

In value terms, glycosides and vegetable alkaloids production declined to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 40% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

Exports of Glycosides And Vegetable Alkaloids

Exports from Brazil

In 2021, after two years of decline, there was significant growth in shipments abroad of glycosides and vegetable alkaloids, when their volume increased by 161% to X tons. In general, exports, however, saw a abrupt decline. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, glycosides and vegetable alkaloids exports soared to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), China (X tons) and Spain (X tons) were the main destinations of glycosides and vegetable alkaloids exports from Brazil, together accounting for 85% of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +56.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glycosides and vegetable alkaloids exported from Brazil were the United States ($X), Switzerland ($X) and China ($X), together accounting for 86% of total exports. These countries were followed by Mexico, Colombia, Argentina, Spain, France and India, which together accounted for a further 6.7%.

Spain, with a CAGR of +24.3%, saw 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 2021, the average glycosides and vegetable alkaloids export price amounted to $X per ton, declining by -32.8% against the previous year. In general, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 82%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to China ($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 Ireland (+50.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides And Vegetable Alkaloids

Imports into Brazil

In 2021, imports of glycosides and vegetable alkaloids into Brazil expanded modestly to X tons, picking up by 3.4% on 2020 figures. In general, imports, however, showed a mild downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 32% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, glycosides and vegetable alkaloids imports expanded modestly to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 34%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of glycosides and vegetable alkaloids to Brazil, accounting for a 59% share of total imports. Moreover, glycosides and vegetable alkaloids imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was taken by India (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.9% per year) and India (+20.0% per year).

In value terms, the largest glycosides and vegetable alkaloids suppliers to Brazil were China ($X), India ($X) and Germany ($X), with a combined 55% share of total imports. These countries were followed by Spain, France and the United States, which together accounted for a further 25%.

Among the main suppliers, Spain, with a CAGR of +18.2%, recorded the highest growth rate of the value of imports, 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 glycosides and vegetable alkaloids import price amounted to $X per ton, declining by -1.6% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, glycosides and vegetable alkaloids import price increased by +13.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 33% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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