Brazil: Root And Tuber Market 2024

Root And Tuber Market Size in Brazil

The Brazilian root and tuber market contracted to $X in 2022, falling by X% against the previous year. Overall, consumption, however, saw a noticeable slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Root And Tuber Production in Brazil

In value terms, root and tuber production fell to $X in 2022 estimated in export price. In general, production, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

The average yield of roots and tubers in Brazil shrank slightly to X tons per ha in 2022, therefore, remained relatively stable against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. The root and tuber yield peaked at X tons per ha in 2021, and then reduced slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of roots and tubers were harvested in Brazil; almost unchanged from 2021. Overall, the harvested area, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. The root and tuber harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Root And Tuber Exports

Exports from Brazil

In 2022, the amount of roots and tubers exported from Brazil reached X tons, flattening at 2021. In general, exports saw strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, root and tuber exports rose markedly to $X in 2022. Overall, exports enjoyed prominent growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Argentina (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of root and tuber exports from Brazil, together comprising X% of total exports. The UK, Uruguay and Paraguay lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Paraguay (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Argentina ($X) were the largest markets for root and tuber exported from Brazil worldwide, together accounting for X% of total exports.

Argentina, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 root and tuber export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

Root And Tuber Imports

Imports into Brazil

In 2022, overseas purchases of roots and tubers increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a slight descent. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, root and tuber imports surged to $X in 2022. Over the period under review, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest root and tuber supplier to Brazil, with a X% share of total imports. Moreover, root and tuber imports from Argentina exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Chile (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Chile (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of roots and tubers to Brazil, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Chile (X% per year).

Import Prices by Country

The average root and tuber import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2021, and then declined dramatically in the following year.

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 the Netherlands ($X per ton), while the price for Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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