Brazil: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Brazil

The Brazilian pasta and couscous market expanded slightly to $X in 2022, with an increase of 2.5% against the previous year. In general, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.6% against 2020 indices. Pasta and couscous consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Pasta And Couscous Production in Brazil

In value terms, pasta and couscous production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 14%. Pasta and couscous production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pasta And Couscous Exports

Exports from Brazil

For the ninth year in a row, Brazil recorded growth in shipments abroad of stuffed pasta and couscous, which increased by 31% to X tons in 2022. Over the period under review, exports posted a resilient increase. The growth pace was the most rapid in 2020 with an increase of 41% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, pasta and couscous exports skyrocketed to $X in 2022. In general, exports enjoyed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Colombia (X tons), Uruguay (X tons) and Chile (X tons) were the main destinations of pasta and couscous exports from Brazil, together comprising 60% 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 Colombia (with a CAGR of +118.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pasta and couscous exported from Brazil were Uruguay ($X), Colombia ($X) and Chile ($X), with a combined 61% share of total exports.

Colombia, with a CAGR of +134.4%, 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 2022, the average pasta and couscous export price amounted to $X per ton, increasing by 15% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23% against the previous year. 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 failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Venezuela ($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 Colombia (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Brazil

In 2022, purchases abroad of stuffed pasta and couscous increased by 8% to X tons, rising for the second consecutive year after two years of decline. Overall, total imports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% 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 +11.1% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by 43% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, pasta and couscous imports rose markedly to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +28.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 64% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of pasta and couscous to Brazil, accounting for a 38% share of total imports. Moreover, pasta and couscous imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+211.1% per year) and China (+10.9% per year).

In value terms, Italy ($X) constituted the largest supplier of stuffed pasta and couscous to Brazil, comprising 37% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports. It was followed by South Korea, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+209.0% per year) and South Korea (+24.6% per year).

Import Prices by Country

In 2022, the average pasta and couscous import price amounted to $X per ton, picking up by 2% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 an increase of 15%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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