Leek Market in Brazil
Market Overview
The Brazilian leek market was estimated at $
in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $ in 2016; afterwards, it flattened through to 2019.
In value terms, leek production reduced to $ in estimated in export prices. Over the period under review, production continues to indicate a pronounced downturn. The growth pace was the most rapid in 2013 when the production volume increased by % y-o-y. Over the period under review, production reached the maximum level at $ in 2007; however, from 2008 to , production remained at a lower figure.
The average yield of leeks and other alliaceous vegetables in Brazil amounted to kg per ha in , therefore, remained relatively stable against the year before. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, the leek harvested area in Brazil amounted to ha, flattening at the year before. In general, the harvested area recorded a relatively flat trend pattern.
in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $ in 2016; afterwards, it flattened through to 2019.In value terms, leek production reduced to $
in estimated in export prices. Over the period under review, production continues to indicate a pronounced downturn. The growth pace was the most rapid in 2013 when the production volume increased by % y-o-y. Over the period under review, production reached the maximum level at $ in 2007; however, from 2008 to , production remained at a lower figure.The average yield of leeks and other alliaceous vegetables in Brazil amounted to
kg per ha in , therefore, remained relatively stable against the year before. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, the leek harvested area in Brazil amounted to ha, flattening at the year before. In general, the harvested area recorded a relatively flat trend pattern.Consumption
In 2019, after two years of decline, there was decline in consumption of leeks and other alliaceous vegetables, when its volume decreased by % to kg. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption hit record highs at kg in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.
The revenue of the leek market in Brazil stood at $ in 2019, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2016; afterwards, it flattened through to 2019.
% to kg. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption hit record highs at kg in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.The revenue of the leek market in Brazil stood at $
in 2019, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $ in 2016; afterwards, it flattened through to 2019.Market Forecast
Driven by increasing demand for leek in Brazil, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of % for the period from to , which is projected to bring the market volume to kg by the end of .
% for the period from to , which is projected to bring the market volume to kg by the end of .Trade Balance
This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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