Brazil - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Peas Price in Brazil - 2023
Contents:
- Preserved Peas Price in Brazil (FOB) - 2023
- Preserved Peas Price in Brazil (CIF) - 2022
- Preserved Peas Exports in Brazil
- Preserved Peas Imports in Brazil
Preserved Peas Price in Brazil (FOB) - 2023
In September 2023, the average preserved peas export price amounted to $1,000 per ton, waning by -6.9% against the previous month. In general, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in March 2023 an increase of 24% month-to-month. The export price peaked at $1,442 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In September 2023, the highest price was recorded for prices to Venezuela ($1,283 per ton) and Paraguay ($1,045 per ton), while the average price for exports to Uruguay ($890 per ton) and Argentina ($1,010 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Peas Price in Brazil (CIF) - 2022
The average preserved peas import price stood at $1,648 per ton in 2022, falling by -5.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14%. As a result, import price attained the peak level of $1,741 per ton, and then shrank 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 Taiwan (Chinese) ($3,499 per ton), while the price for France ($1,609 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Peas Exports in Brazil
In 2022, approx. 12K tons of preserved peas were exported from Brazil; with an increase of 65% on the year before. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved peas exports skyrocketed to $14M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Preserved Peas in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1.9 | 1.0 | 0.5 | 5.8 | 45.1% |
Uruguay | 2.2 | 2.4 | 2.2 | 2.8 | 8.4% |
Canada | N/A | N/A | 1.1 | 2.7 | 145.5% |
Paraguay | 1.5 | 1.5 | 1.3 | 1.8 | 6.3% |
Argentina | 0.1 | 0.2 | 0.1 | 0.3 | 44.2% |
Venezuela | N/A | 0.1 | 0.3 | 0.3 | 73.2% |
United States | N/A | 0.8 | 1.0 | 0.1 | -64.6% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 5.9 | 6.1 | 6.4 | 13.9 | 33.1% |
Top Export Markets for Preserved Peas from Brazil in 2022:
- Russia (4.1K tons)
- Uruguay (3.1K tons)
- Canada (2.5K tons)
- Paraguay (2.0K tons)
- Argentina (0.4K tons)
- Venezuela (0.2K tons)
- United States (0.1K tons)
Preserved Peas Imports in Brazil
In 2022, overseas purchases of preserved peas decreased by -4.3% to 113 tons, falling for the second year in a row after two years of growth. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 63%. As a result, imports reached the peak of 145 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, preserved peas imports shrank to $186K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. As a result, imports reached the peak of $221K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Preserved Peas in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 96.7 | 188 | 99.5 | 174 | 21.6% |
Italy | 16.5 | 10.7 | 87.9 | 10.1 | -15.1% |
Taiwan (Chinese) | 8.5 | 15.1 | 14.9 | 1.9 | -39.3% |
China | 18.2 | 5.7 | 0.3 | N/A | -87.2% |
Others | 1.7 | 1.5 | 3.2 | 0.3 | -43.9% |
Total | 141 | 221 | 206 | 186 | 9.7% |
Top Suppliers of Preserved Peas to Brazil in 2022:
- France (108.3 tons)
- Italy (4.2 tons)
- Taiwan (Chinese) (0.5 tons)
This report provides an in-depth analysis of the preserved peas market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During December 2023 to January 2024, the export growth stagnated with preserved peas experiencing a significant drop in exports to $229K in January 2024.
In May 2023, the rate of growth for preserved olives was exceptionally high, reaching a 25% increase compared to the previous month. The value of imported preserved olives in October 2023 amounted to $8.4 million.
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
During December 2023 to January 2024, the export growth stagnated with preserved peas experiencing a significant drop in exports to $229K in January 2024.
In May 2023, the rate of growth for preserved olives was exceptionally high, reaching a 25% increase compared to the previous month. The value of imported preserved olives in October 2023 amounted to $8.4 million.
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it