Northern America: Brazil Nut Market 2025

Brazil Nut Market Size in Northern America

In 2022, after two years of growth, there was significant decline in the North American brazil nut market, when its value decreased by -18.7% to $X. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Brazil Nut Production in Northern America

In value terms, brazil nut production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 143,845,000%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

The country with the largest volume of brazil nut production was Canada (X tons), comprising approx. 99.9% of total volume.

In Canada, brazil nut production expanded at an average annual rate of +248.5% over the period from 2012-2022.

Brazil Nut Exports

Exports in Northern America

Brazil nut exports shrank dramatically to X tons in 2022, which is down by -70.5% against 2021 figures. In general, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 254%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, brazil nut exports fell notably to $X in 2022. Over the period under review, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 278%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, finishing at X tons, which was near 97% of total exports in 2022. Canada (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to brazil nut exports from the United States stood at -2.7%. At the same time, Canada (+2.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +2.0% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest brazil nut supplier in Northern America, comprising 98% of total exports. The second position in the ranking was held by Canada ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled -2.3%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, with an increase of 20% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 43%. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.8%).

Brazil Nut Imports

Imports in Northern America

In 2022, after two years of growth, there was significant decline in supplies from abroad of brazil nuts, when their volume decreased by -54.3% to X tons. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. The volume of import peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, brazil nut imports fell to $X in 2022. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was approx. 92% of total imports in 2022. It was distantly followed by Canada (X tons), comprising an 8.2% share of total imports.

The United States was also the fastest-growing in terms of the brazil nuts imports, with a CAGR of -3.5% from 2012 to 2022. Canada (-12.1%) illustrated a downward trend over the same period. The United States (+10 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -10.4% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported brazil nuts in Northern America, comprising 95% of total imports. The second position in the ranking was taken by Canada ($X), with a 4.8% share of total imports.

In the United States, brazil nut imports decreased by an average annual rate of -2.6% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, picking up by 92% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. 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 destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.9%).

Source: IndexBox Platform

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