Insects; Live, Bees Price in Brazil - 2023
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Insects; Live, Bees Price in Brazil (FOB) - 2022
The average insects; live, bees export price stood at less than $0.1 per unit in 2022, waning by -84.7% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2021 an increase of 328% against the previous year. As a result, the export price attained the peak level of $0.3 per unit, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($0.4 per unit), while the average price for exports to Croatia (less than $0.1 per unit) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+690.9%), while the prices for the other major destinations experienced more modest paces of growth.
Insects; Live, Bees Exports in Brazil
Insects; live, bees exports from Brazil surged to 8.1K units in 2022, jumping by 358% against the year before. Overall, exports continue to indicate a strong increase. Over the period under review, the exports attained the maximum at 20K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, insects; live, bees exports shrank significantly to $319 in 2022. In general, exports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $1.2K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Insects; Live, Bees in Brazil (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | N/A | N/A | N/A | 144 | 0% |
Panama | 11.0 | 396 | 139 | 81.0 | 94.5% |
Marshall Islands | 223 | 131 | 51.0 | 45.0 | -41.3% |
Norway | N/A | N/A | N/A | 27.0 | 0% |
Singapore | N/A | 376 | N/A | 14.0 | -80.7% |
Bahamas | N/A | 100 | N/A | N/A | 0% |
Malta | 12.0 | 175 | N/A | N/A | 1358.3% |
Philippines | 11.0 | 3.0 | N/A | N/A | -72.7% |
Others | 757 | 12.0 | 264 | 8.0 | -78.1% |
Total | 1,014 | 1,193 | 454 | 319 | -32.0% |
Top Export Markets for Insects; Live, Bees from Brazil in 2022:
- Croatia (6.2K units)
- Marshall Islands (0.8K units)
- Norway (0.5K units)
- Singapore (0.3K units)
- Panama (0.2K units)
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