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Brazil - Rennet And Concentrates Thereof - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRennet Price in Brazil - 2023
Contents:
- Rennet Price in Brazil (CIF) - 2023
- Rennet Price in Brazil (FOB) - 2022
- Rennet Imports in Brazil
- Rennet Exports in Brazil
Rennet Price in Brazil (CIF) - 2023
The average rennet import price stood at $12,916 per ton in July 2023, declining by -53.5% against the previous month. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in January 2023 an increase of 152% m-o-m. As a result, import price reached the peak level of $33,528 per ton. From February 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($76,500 per ton), while the price for Argentina ($8,313 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Rennet Price in Brazil (FOB) - 2022
In 2022, the average rennet export price amounted to $2,103 per ton, increasing by 14% against the previous year. In general, the export price, however, showed a abrupt decline. Over the period under review, the average export prices hit record highs at $3,965 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($2,224 per ton), while the average price for exports to Bolivia ($1,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-6.0%), while the prices for the other major destinations experienced a decline.
Rennet Imports in Brazil
In 2022, supplies from abroad of rennet and concentrates thereof decreased by -6.6% to 432 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 469 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, rennet imports fell to $8.9M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.
Import of Rennet in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 6.7 | 8.1 | 8.6 | 7.2 | 2.4% |
France | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
Italy | 0.9 | 1.2 | 0.9 | 0.4 | -23.7% |
Turkey | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
China | N/A | N/A | N/A | 0.2 | 0% |
Spain | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 8.0 | 9.7 | 10.1 | 8.9 | 3.6% |
Top Suppliers of Rennet to Brazil in 2022:
- Denmark (300.7 tons)
- France (49.5 tons)
- China (31.3 tons)
- Italy (20.6 tons)
- Turkey (14.6 tons)
- Spain (12.6 tons)
Rennet Exports in Brazil
In 2022, exports of rennet and concentrates thereof from Brazil was estimated at 184 tons, rising by 2.7% against the previous year's figure. Over the period under review, exports, however, faced a abrupt shrinkage.
In value terms, rennet exports skyrocketed to $387K in 2022. In general, exports, however, continue to indicate a deep downturn.
Export of Rennet in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Paraguay | 370 | 417 | 270 | 341 | -2.7% |
Bolivia | 110 | 61.7 | 51.7 | 34.7 | -31.9% |
Uruguay | 7.8 | 7.3 | 7.1 | 10.0 | 8.6% |
Others | 1.9 | 2.7 | 2.0 | 1.4 | -9.7% |
Total | 490 | 489 | 331 | 387 | -7.6% |
Top Export Markets for Rennet from Brazil in 2022:
- Paraguay (153.2 tons)
- Bolivia (25.3 tons)
- Uruguay (5.1 tons)
This report provides an in-depth analysis of the rennet 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 20146450 - Rennet and concentrates thereof
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
-
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
This report provides an in-depth analysis of the rennet market in Brazil.
This report provides an in-depth analysis of the global rennet market.
This report provides an in-depth analysis of the rennet market in Brazil.
This report provides an in-depth analysis of the global rennet market.
Rennet imports peaked in 2023 and are anticipated to continue growing in the future, reaching a value of $12M in 2023.
In July 2023, the price of rennet in Brazil (CIF) was $12,916 per ton, indicating a decrease of 53.5% compared to the previous month.
Rennet imports peaked in 2023 and are anticipated to continue growing in the future, reaching a value of $12M in 2023.
In July 2023, the price of rennet in Brazil (CIF) was $12,916 per ton, indicating a decrease of 53.5% compared to the previous month.