Brazil: Potato Market 2024

Potato Market Size in Brazil

The Brazilian potato market totaled $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a moderate expansion. Potato consumption peaked in 2023 and is expected to retain growth in the near future.

Potato Production in Brazil

In value terms, potato production rose to $X in 2023 estimated in export price. Overall, production, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Potato production peaked in 2023 and is expected to retain growth in years to come.

In 2023, the average yield of potatoes in Brazil reached X tons per ha, remaining stable against 2022 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X%. The potato yield peaked at X tons per ha in 2021; afterwards, it flattened through to 2023. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of potatoes production in Brazil shrank slightly to X ha, approximately mirroring the year before. Overall, the harvested area recorded a slight shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The potato harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area stood at a somewhat lower figure.

Potato Exports

Exports from Brazil

In 2023, shipments abroad of potatoes was finally on the rise to reach X tons after two years of decline. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, potato exports surged to $X in 2023. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked in 2023 and are likely to see steady growth in the near future.

Exports by Country

Argentina (X tons) was the main destination for potato exports from Brazil, with a X% share of total exports. Moreover, potato exports to Argentina exceeded the volume sent to the second major destination, Uruguay (X tons), twofold. Paraguay (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Argentina amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Paraguay (X% per year).

In value terms, Argentina ($X) remains the key foreign market for potatoes exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Argentina totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and the UK (X% per year).

Export Prices by Country

The average potato export price stood at $X per ton in 2023, surging by X% against the previous year. Overall, the export price showed moderate growth. The pace of growth appeared the most rapid in 2019 an increase of X%. The export price peaked in 2023 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Brazil

In 2023, approx. X tons of potatoes were imported into Brazil; falling by X% on the previous year's figure. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.

In value terms, potato imports rose slightly to $X in 2023. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Argentina (X tons) constituted the largest supplier of potato to Brazil, accounting for a X% share of total imports. Moreover, potato imports from Argentina exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. Chile (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Chile (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of potatoes to Brazil, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Chile (X% per year).

Import Prices by Country

The average potato import price stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform