Price for Flour, Meal, and Flakes of Potatoes in Brazil - 2024

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Brazil (CIF) - 2024
2. Price for Flour, Meal, and Flakes of Potatoes in Brazil (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Brazil
4. Exports of Flour, Meal, and Flakes of Potatoes in Brazil

Price for Flour, Meal, and Flakes of Potatoes in Brazil (CIF) - 2024

In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $2,097 per ton, waning by -2.2% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 5.9% month-to-month. The import price peaked at $2,285 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Argentina ($2,841 per ton) and Denmark ($2,512 per ton), while the price for the Netherlands ($1,940 per ton) and Russia ($1,969 per ton) were amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour, Meal, and Flakes of Potatoes in Brazil (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $1,364 per ton in 2022, with an increase of 14% against the previous year. In general, the export price, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices hit record highs at $8,636 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($1,350 per ton), while the average price for exports to Japan amounted to $1,288 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-3.8%), while the prices for the other major destinations experienced a decline.

Imports of Flour, Meal, and Flakes of Potatoes in Brazil

In 2022, the amount of flour, meal, and flakes of potatoeses imported into Brazil surged to 11K tons, increasing by 31% compared with the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses surged to $16M in 2022. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Brazil in 2022:

1. Germany (6.0K tons)
2. Belgium (2.5K tons)
3. Netherlands (1.5K tons)
4. India (0.3K tons)
5. Poland (0.2K tons)
6. Denmark (0.1K tons)

Exports of Flour, Meal, and Flakes of Potatoes in Brazil

In 2022, after three years of growth, there was significant decline in shipments abroad of flour, meal, and flakes of potatoeses, when their volume decreased by -68.3% to 208 tons. Over the period under review, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 with an increase of 97% against the previous year. As a result, the exports reached the peak of 657 tons, and then fell notably in the following year.

In value terms, exports of flour, meal, and flakes of potatoeses shrank remarkably to $284K in 2022. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 91%. As a result, the exports attained the peak of $783K, and then fell rapidly in the following year.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Brazil in 2022:

1. Paraguay (120.8 tons)
2. Japan (81.9 tons)
3. United States (1.0 tons)

Source: IndexBox Market Intelligence Platform