Candied Fruit Market Overview in Brazil
In value terms, candied fruit production contracted notably to $ in 2019 estimated in export prices. Over the period under review, the total production indicated modest growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of % y-o-y. As a result, production reached the peak level of $. From 2012 to 2019, production growth remained at a somewhat lower figure.
The average yield of candied fruits in Brazil totaled kg per ha in 2019, remaining stable against the previous year. Overall, 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 2019, approx. ha of candied fruits were harvested in Brazil; approximately equating the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.
The size of the candied fruit market in Brazil expanded rapidly to $ in 2019, picking up by % against 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 continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2012 when the market value increased by % y-o-y. Candied fruit consumption peaked at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.