Brazil: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in Brazil

The Brazilian flaked or rolled cereal market reached $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Flaked or rolled cereal consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Flaked or Rolled Cereals in Brazil

In value terms, flaked or rolled cereal production rose remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Flaked or rolled cereal production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Flaked or Rolled Cereals

Exports from Brazil

In 2022, exports of flaked or rolled cereals from Brazil skyrocketed to X tons, with an increase of X% on 2021 figures. Over the period under review, exports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flaked or rolled cereal exports soared to $X in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Venezuela (X tons), Spain (X tons) and Trinidad and Tobago (X tons) were the main destinations of flaked or rolled cereal exports from Brazil, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X), Spain ($X) and Trinidad and Tobago ($X) constituted the largest markets for flaked or rolled cereal exported from Brazil worldwide, together accounting for X% of total exports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average flaked or rolled cereal export price amounted to $X per ton, surging by X% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flaked or rolled cereal export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Peru ($X 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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flaked or Rolled Cereals

Imports into Brazil

In 2022, approx. X tons of flaked or rolled cereals were imported into Brazil; which is down by X% against the previous year. In general, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, flaked or rolled cereal imports dropped sharply to $X in 2022. Over the period under review, imports saw a mild contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) constituted the largest flaked or rolled cereal supplier to Brazil, with a X% share of total imports. Moreover, flaked or rolled cereal imports from Argentina exceeded the figures recorded by the second-largest supplier, Peru (X tons), threefold. Ukraine (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (X% per year) and Ukraine (X% per year).

In value terms, Peru ($X), Argentina ($X) and Bolivia ($X) appeared to be the largest flaked or rolled cereal suppliers to Brazil, with a combined X% share of total imports.

Argentina, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average flaked or rolled cereal import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bolivia ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform