Brazil: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Brazil

In 2022, the Brazilian mixes and doughs market increased by 8.5% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, saw a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Mixes And Doughs Production in Brazil

In value terms, mixes and doughs production reached $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 6.3% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Mixes And Doughs Exports

Exports from Brazil

After three years of growth, shipments abroad of mixes and doughs decreased by -35.7% to X tons in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 296%. The exports peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, mixes and doughs exports contracted to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 99% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Venezuela (X tons) was the main destination for mixes and doughs exports from Brazil, accounting for a 92% share of total exports. Moreover, mixes and doughs exports to Venezuela exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Venezuela totaled +89.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+27.1% per year) and Bolivia (-34.4% per year).

In value terms, Venezuela ($X) remains the key foreign market for mixes and doughs exports from Brazil, comprising 81% of total exports. The second position in the ranking was taken by the United States ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Venezuela totaled +89.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+27.9% per year) and Bolivia (-38.6% per year).

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, rising by 33% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Venezuela ($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 (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

Mixes And Doughs Imports

Imports into Brazil

In 2022, approx. X tons of mixes and doughs were imported into Brazil; which is down by -20.4% on the year before. Over the period under review, imports showed a deep contraction. The growth pace was the most rapid in 2013 with an increase of 169% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, mixes and doughs imports stood at $X in 2022. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 180%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of mixes and doughs to Brazil, with a 79% share of total imports. Moreover, mixes and doughs imports from Argentina exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Uruguay (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+42.7% per year) and Uruguay (-17.4% per year).

In value terms, the largest mixes and doughs suppliers to Brazil were Italy ($X), Argentina ($X) and Uruguay ($X), with a combined 72% share of total imports.

Italy, with a CAGR of +69.6%, recorded 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 2022, the average mixes and doughs import price amounted to $X per ton, increasing by 35% against the previous year. In general, the import price posted buoyant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 48%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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