Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil - 2024
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil (FOB) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil (CIF) - 2024
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil (FOB) - 2022
The average export price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $2,082 per ton in 2022, with an increase of 7.2% against the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 17%. The export price peaked at $2,822 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Paraguay ($2,238 per ton) and Angola ($2,061 per ton), while the average price for exports to Argentina ($1,802 per ton) and Uruguay ($2,035 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-1.9%), while the prices for the other major destinations experienced a decline.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil (CIF) - 2024
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,477 per ton in February 2024, which is down by -15.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 37% m-o-m. The import price peaked at $5,768 per ton in March 2023; however, from April 2023 to February 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($12,567 per ton), while the price for China ($1,163 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by South Korea (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil
In 2022, after three years of growth, there was significant decline in overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses, when their volume decreased by -37% to 2.2K tons. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses fell sharply to $4.5M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 68%.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 2,061 | 2,760 | 3,486 | 2,783 | 10.5% |
| Uruguay | 510 | 493 | 500 | 614 | 6.4% |
| Paraguay | 177 | 214 | 274 | 307 | 20.1% |
| Angola | 337 | 2.0 | 5.2 | 109 | -31.4% |
| Mexico | N/A | 438 | 1,753 | N/A | 300.2% |
| Others | 362 | 1,877 | 669 | 702 | 24.7% |
| Total | 3,447 | 5,785 | 6,688 | 4,515 | 9.4% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Brazil in 2022:
- Argentina (1543.8 tons)
- Uruguay (301.9 tons)
- Paraguay (137.3 tons)
- Angola (52.7 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil
In 2022, approx. 298 tons of soups and broths and preparations therefor; homogenised composite food preparationses were imported into Brazil; with an increase of 2.1% against the previous year. In general, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 2.7%.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses expanded markedly to $1.4M in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 521 | 516 | 589 | 603 | 5.0% |
| United States | 583 | 336 | 309 | 299 | -20.0% |
| Chile | N/A | N/A | 90.8 | 253 | 178.6% |
| Italy | 27.2 | 161 | 37.6 | 74.1 | 39.7% |
| Spain | 16.3 | 31.3 | 27.3 | 49.4 | 44.7% |
| China | 35.1 | 48.0 | 51.6 | 42.3 | 6.4% |
| Taiwan (Chinese) | 28.6 | 20.4 | 39.9 | 8.5 | -33.3% |
| Others | 138 | 74.4 | 58.3 | 48.9 | -29.2% |
| Total | 1,350 | 1,187 | 1,204 | 1,378 | 0.7% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Brazil in 2022:
- Japan (131.6 tons)
- Chile (62.7 tons)
- China (29.4 tons)
- United States (29.1 tons)
- Spain (15.3 tons)
- Italy (14.7 tons)
- Taiwan (Chinese) (6.5 tons)
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