Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil - 2024

Contents:

  1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil (CIF) - 2024
  2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil (FOB) - 2024
  3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil
  4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil (CIF) - 2024

The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,384 per ton in February 2024, which is down by -5.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 8% month-to-month. Over the period under review, average import prices hit record highs at $1,489 per ton in July 2023; however, from August 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 Chile ($1,999 per ton), while the price for Portugal ($763 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 Chile (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil (FOB) - 2024

The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,332 per ton in February 2024, rising by 4.5% against the previous month. Overall, the export price, however, recorded a noticeable descent. The pace of growth was the most pronounced in December 2023 when the average export price increased by 62% month-to-month. As a result, the export price attained the peak level of $1,920 per ton. From January 2024 to February 2024, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,841 per ton), while the average price for exports to Paraguay ($843 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil

In 2022, approx. 41K tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were imported into Brazil; dropping by -10.6% against the year before. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of 46K tons, and then dropped in the following year.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid declined slightly to $46M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $46M, leveling off in the following year.

Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18.118.820.223.08.3%
Chile9.38.115.914.917.0%
Argentina1.42.03.12.826.0%
Peru3.23.22.02.6-6.7%
China0.3N/A3.31.154.2%
United States4.92.70.9N/A-57.1%
Others0.80.70.61.317.6%
Total38.135.546.045.66.2%

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Brazil in 2022:

  1. Italy (22.7K tons)
  2. Chile (12.5K tons)
  3. Argentina (2.9K tons)
  4. Peru (1.7K tons)
  5. China (0.8K tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil

In 2022, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid from Brazil stood at 2.4K tons, increasing by 11% against 2021 figures. In general, exports, however, continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of 96%. As a result, the exports attained the peak of 5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid soared to $3.5M in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 72% against the previous year. As a result, the exports attained the peak of $4.9M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia8691,6606162,02632.6%
Paraguay50075041370712.2%
Venezuela66.725818323752.6%
Uruguay183156128141-8.3%
United States36.610167.313052.6%
Argentina45.962714618.5-26.1%
United Arab Emirates9224064960.2-94.0%
Others256984163244-1.6%
Total2,8794,9412,2143,5046.8%

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Brazil in 2022:

  1. Bolivia (1037.0 tons)
  2. Paraguay (838.8 tons)
  3. Venezuela (213.5 tons)
  4. Uruguay (118.1 tons)
  5. United States (44.2 tons)
  6. Argentina (25.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Tomatoes; prepared or preserved otherwise than by vinegar or acetic acid - Brazil