Brazil: Market for Jute And Jute-Like Fibers 2025

Market Size for Jute And Jute-Like Fibers in Brazil

The Brazilian jute and jute-like fibers market was estimated at $X in 2022, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Exports of Jute And Jute-Like Fibers

Exports from Brazil

In 2022, overseas shipments of jute and jute-like fibers decreased by -95.4% to X kg, falling for the sixth consecutive year after five years of growth. Overall, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 12% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, jute and jute-like fibers exports contracted notably to $X in 2022. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2016 when exports increased by 11%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

El Salvador (X kg), Jordan (X kg) and Mozambique (X kg) were the main destinations of jute and jute-like fibers exports from Brazil, with a combined 86% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of -22.0%), while the other leaders experienced a decline.

In value terms, Mozambique ($X), El Salvador ($X) and Egypt ($X) appeared to be the largest markets for jute and jute-like fibers exported from Brazil worldwide, together accounting for 91% of total exports.

Mozambique, with a CAGR of -26.9%, saw 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 a decline.

Export Prices by Country

The average jute and jute-like fibers export price stood at $X per ton in 2022, jumping by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Jordan ($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 El Salvador (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into Brazil

In 2022, approx. X tons of jute and jute-like fibers were imported into Brazil; which is down by -23.4% on the year before. Overall, imports, however, saw noticeable growth. The pace of growth appeared the most rapid in 2018 when imports increased by 56% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, jute and jute-like fibers imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 when imports increased by 59%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Bangladesh (X tons) constituted the largest supplier of jute and jute-like fibers to Brazil, accounting for a 89% share of total imports. Moreover, jute and jute-like fibers imports from Bangladesh exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Bangladesh stood at +2.9%.

In value terms, Bangladesh ($X) constituted the largest supplier of jute and jute-like fibers to Brazil, comprising 94% of total imports. The second position in the ranking was taken by Belgium ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Bangladesh stood at +12.7%.

Import Prices by Country

The average jute and jute-like fibers import price stood at $X per ton in 2022, jumping by 40% against the previous year. Over the period under review, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while the price for Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.5%).

Source: IndexBox Platform

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