Liqueurs and Cordials Price in Brazil - 2023

Contents:

  1. Liqueurs and Cordials Price in Brazil (CIF) - 2022
  2. Liqueurs and Cordials Price in Brazil (FOB) - 2023
  3. Liqueurs and Cordials Imports in Brazil
  4. Liqueurs and Cordials Exports in Brazil

Liqueurs and Cordials Price in Brazil (CIF) - 2022

In 2022, the average liqueurs and cordials import price amounted to $4.6 per litre, rising by 5.6% against the previous year. In general, the import price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 9.3% against the previous year. As a result, import price reached the peak level of $5.5 per litre. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6.9 per litre), while the price for the United States ($3.4 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Liqueurs and Cordials Price in Brazil (FOB) - 2023

The average liqueurs and cordials export price stood at $7.1 per litre in July 2023, growing by 219% against the previous month. Overall, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($20.4 per litre), while the average price for exports to Paraguay ($1.6 per litre) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+145.3%), while the prices for the other major destinations experienced more modest paces of growth.

Liqueurs and Cordials Imports in Brazil

For the fourth year in a row, Brazil recorded growth in supplies from abroad of liqueurs and cordialses, which increased by 30% to 6.4M litres in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 108% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, liqueurs and cordials imports soared to $30M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Liqueurs and Cordials in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.54.88.79.640.0%
Spain1.01.23.48.3102.5%
South Africa2.21.53.84.022.1%
Germany0.90.71.12.438.7%
France1.20.71.62.120.5%
United Kingdom0.40.31.31.348.1%
Italy0.90.50.81.16.9%
Canada0.10.10.20.458.7%
Ireland0.90.20.40.3-30.7%
Others0.50.30.30.4-7.2%
Total11.510.421.829.837.4%

Top Suppliers of Liqueurs and Cordials to Brazil in 2022:

  1. United States (2814.8K litres)
  2. Spain (1200.2K litres)
  3. South Africa (665.9K litres)
  4. Germany (451.8K litres)
  5. France (368.0K litres)
  6. United Kingdom (347.7K litres)
  7. Italy (248.3K litres)
  8. Canada (193.3K litres)
  9. Ireland (83.0K litres)

Liqueurs and Cordials Exports in Brazil

In 2022, exports of liqueurs and cordialses from Brazil soared to 322K litres, jumping by 197% on 2021. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, liqueurs and cordials exports soared to $1.2M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Liqueurs and Cordials in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A11.35835059.3%
Paraguay86.643.474.417827.1%
Uruguay0.21.210.3165837.9%
Equatorial Guinea52.958.1N/A52.7-0.1%
Cyprus0.10.1N/A39.8635.6%
GhanaN/A3.93.330.9181.5%
NigeriaN/AN/A19.930.653.8%
Bolivia0.61.739.722.3233.7%
United States194102N/AN/A-47.4%
Others45.336.033.710030.2%
Total3802461931,20346.8%

Top Export Markets for Liqueurs and Cordials from Brazil in 2022:

  1. United Kingdom (91.9K litres)
  2. Paraguay (66.0K litres)
  3. Equatorial Guinea (29.3K litres)
  4. Ghana (17.5K litres)
  5. Nigeria (16.6K litres)
  6. Uruguay (16.2K litres)
  7. Cyprus (16.1K litres)
  8. Bolivia (14.8K litres)

Source: IndexBox Market Intelligence Platform

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