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Almonds
HS: 080211
FCL: 221
Areca Nuts
HS: 080280
FCL: 226
Brazil Nuts
HS: 080121
FCL: 216
Candied Fruits
HS: 2006
PRODCOM: 10822400
FCL: 625
Cashew Nuts
HS: 080131
FCL: 217
Chestnuts
HS: 080241
FCL: 220
Dried Prunes
HS: 081320
Fruit Flour
HS: 110630
FCL: 624
Hazelnuts
HS: 080221
FCL: 225
Karite (Shea) Nuts
HS: 120792
FCL: 263
Kola Nuts
HS: 080270
FCL: 224
Nuts (Prepared or Preserved)
HS: 200819
PRODCOM: 10392390
Palm Kernels
HS: 120999
FCL: 256
Pistachios
HS: 080251, 080250, 080252
FCL: 223
Walnuts
HS: 080231
FCL: 222
1,2-Dichloroethane (Ethylene Dichloride)
HS: 290315
PRODCOM: 20141353
1-Cyanoguanidine (Dicyandiamide)
HS: 292620
PRODCOM: 20144360
2,2-Oxydiethanol (Diethylene Glycol, Digol)
HS: 290941
PRODCOM: 20146333
4,4-Isopropylidenediphenol (Bisphenol A; Diphenylolpropane) and Its Salts
HS: 290723
PRODCOM: 20142433
4-Methylpentan-2-One (Methyl Isobutyl Ketone)
HS: 291413
PRODCOM: 20146215
AC/DC Motors
HS: 850120, 850140, 850151, 850152, 850153, 850161, 850162, 850163, 850164
UNCODE: 46112-0
PRODCOM: 27112100, 27112230, 27112250, 27112300, 27112403, 27112405, 27112407, 27112530, 27112540, 27112560, 27112590, 27112610, 27112630, 27112650, 27112670
Abaca (manila hemp or musa textilis nee); processed but not spun, tow, noils and waste, including yarn waste and garnetted stock
HS: 530529
Abaca (manila hemp or musa textilis nee); raw
HS: 530521
Abrasive Products (US Only)
HS: n327910
NAICS: 327910
Abrasive powder or grain; natural or artificial, on a base of materials n.e.s. in heading no. 6805, whether or not cut to shape or sewn or otherwise made up
HS: 680530
Abrasive powder or grain; natural or artificial, on a base of paper or paperboard only, whether or not cut to shape or sewn or otherwise made up
HS: 680520
Abrasive powder or grain; natural or artificial, on a base of textile material, of paper, paperboard or of other material, whether or not cut to shape or sewn or otherwise made up
HS: 6805
Abrasive powder or grain; natural or artificial, on a base of woven textile fabric only, whether or not cut to shape or sewn or otherwise made up
HS: 680510
Abrasives (Natural)
HS: 2513
UNCODE: 16320-2
PRODCOM: 08992200, 08992220, 08992230
NAICS: 3279101, 3279104
Accordions and Mouth Organs
HS: 920590
PRODCOM: 32201340
Accordions and similar instruments; mouth organs
HS: 9204
Accounting machines
HS: 847040
Acetals and Hemiacetals and Their Halogenated; Sulphonated; Nitrated or Nitrosated Derivatives
HS: 2911
PRODCOM: 20146380
Acetals and hemiacetals; whether or not with other oxygen function, and their halogenated, sulphonated, nitrated or nitrosated derivatives
HS: 291100
Acetic Acid
HS: 291521
PRODCOM: 20143271
Acetic Anhydride
HS: 291524
PRODCOM: 20143277
Acetone
HS: 291411
PRODCOM: 20146211
Acid and Mordant Dyes and Preparations Based Thereon
HS: 320412
PRODCOM: 20122120
Acid oils from refining
HS: 151920
Acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esters
HS: 291713
Acids; acyclic polycarboxylic acids; n.e.s. in item no. 2917.1
HS: 291719
Acids; acyclic polycarboxylic acids; oxalic acid, its salts and esters
HS: 291711
Acids; aromatic monocarboxylic acids, binapacryl (ISO)
HS: 291636
Acids; aromatic monocarboxylic acids, esters of phenylacetic acid
HS: 291635
Acids; aromatic monocarboxylic acids, n.e.s. in item no. 2916.3
HS: 291639
Acids; aromatic monocarboxylic acids, phenylacetic acid and its salts
HS: 291634
Acids; aromatic monocarboxylic acids; phenylacetic acid, its salts and esters
HS: 291633
Acids; aromatic polycarboxylic acids; dibutyl orthophthalates
HS: 291731
Acids; aromatic polycarboxylic acids; dimethyl terephthalate
HS: 291737
Acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalates
HS: 291733
Acids; aromatic polycarboxylic acids; dioctyl orthophthalates
HS: 291732
Acids; aromatic polycarboxylic acids; n.e.s. in item no. 2917.3
HS: 291739
Acids; aromatic polycarboxylic acids; other esters of orthophthalic acids
HS: 291734
Acids; aromatic polycarboxylic acids; phthalic anhydride
HS: 291735
Acids; aromatic polycarboxylic acids; terephthalic acid and its salts
HS: 291736
Acids; carboxylic acid with additional oxygen function and their anhydrides, halides, peroxides, peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives
HS: 2918
Acids; carboxylic acids, (with alcohol function but without other oxygen function), chlorobenzilate (ISO)
HS: 291818
Acids; carboxylic acids, (with alcohol function but without other oxygen function), citric acid
HS: 291814
Acids; carboxylic acids, (with alcohol function but without other oxygen function), gluconic acid, its salts and esters
HS: 291816
Acids; carboxylic acids, (with alcohol function but without other oxygen function), lactic acid, its salts and esters
HS: 291811
Acids; carboxylic acids, (with alcohol function but without other oxygen function), n.e.s. in item no. 2918.1
HS: 291819
Acids; carboxylic acids, (with alcohol function but without other oxygen function), phenylglycolic acid (mandelic acid), its salts and esters
HS: 291817
Acids; carboxylic acids, (with alcohol function but without other oxygen function), salts and esters of citric acid
HS: 291815
Acids; carboxylic acids, (with alcohol function but without other oxygen function), tartaric acid
HS: 291812
Acids; carboxylic acids, (with alcohol function but without other oxygen function); salts and esters of tartaric acid
HS: 291813
Region/Country
Period 2007-2021
Updated Jun 28, 2022 20:04
Period 2007-2021

Peanut Butter Market in Brazil

Market Overview
Production
Imports
Exports
Most Promising Products for Diversification
Most Promising Supplying Countries
Most Promising Overseas Markets
Company Profiles
Monthly Imports
Monthly Exports
Market Overview
The Brazilian peanut butter market expanded modestly to $ in , surging 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $ in 2019; however, from to , consumption failed to regain momentum.

In value terms, peanut butter production stood at $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when the production volume increased by % against the previous year. Peanut butter production peaked at $ in 2019; however, from to , production stood at a somewhat lower figure.
{"0": {"data": {"2016": 166.903879, "2017": 190.094329, "2018": 199.272427, "2019": 224.783717, "2020": 209.625046, "2021": 213.571154, "2007": 179.841644, "2008": 204.925535, "2009": 163.69049, "2010": 185.285285, "2011": 196.543124, "2012": 186.86643, "2013": 158.055101, "2014": 175.682121, "2015": 162.389024}, "type": "combochart", "header": "Market Value (million USD)"}}


Consumption
In , the amount of peanut butter and prepared or preserved groundnuts consumed in Brazil expanded modestly to tons, growing by % compared with the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Peanut butter consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.

The value of the peanut butter market in Brazil stood at $ in , 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). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Peanut butter consumption peaked at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
{"0": {"data": {"2016": 100.638254, "2017": 107.154817, "2018": 119.949767, "2019": 121.544049, "2020": 109.196931, "2021": 113.445143, "2007": 100.612753, "2008": 88.539415, "2009": 84.78713, "2010": 98.723372, "2011": 101.275745, "2012": 92.813724, "2013": 82.134726, "2014": 93.859675, "2015": 97.69065}, "type": "combochart", "header": "Market Volume (thousand tons)"}}


Market Forecast
Driven by increasing demand for peanut butter 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 tons by the end of .
{"0": {"data": {"2007": 100.612753, "2008": 88.539415, "2009": 84.78713, "2010": 98.723372, "2011": 101.275745, "2012": 92.813724, "2013": 82.134726, "2014": 93.859675, "2015": 97.69065, "2016": 100.638254, "2017": 107.154817, "2018": 119.949767, "2019": 121.544049, "2020": 109.196931, "2021": 113.445143, "2022": 115.291343, "2023": 117.167588, "2024": 119.074366, "2025": 121.012176, "2026": 122.981521, "2027": 124.982915, "2028": 127.01688, "2029": 129.083945, "2030": 131.18465}, "type": "combochart", "header": "Market Volume (thousand tons)"}}


Market Structure
Over the period under review, imports of peanut butter in Brazil were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for peanut butter.
{"0": {"units": "%", "data": {"2016": 0.08850014428906924, "2017": 0.08970571990244731, "2018": 0.09961753406323832, "2019": 0.015674152833266234, "2020": 0.014168896376767218, "2021": 0.10057371958180704, "2007": 0.8613560151763267, "2008": 0.3552158098175824, "2009": 0.11095433941448425, "2010": 0.0908741245183562, "2011": 0.13839345245004123, "2012": 0.11247043594544272, "2013": 0.3087841310872578, "2014": 0.20731586807646626, "2015": 0.14977994311635762}, "type": "combochart", "header": "Share of Imports in Consumption (% based on physical terms)"}, "1": {"units": "%", "data": {"2016": 0.18771283320503293, "2017": 0.17858344422257857, "2018": 0.17679565873907885, "2019": 0.031764311469233336, "2020": 0.0361674339239024, "2021": 0.22432430177345017, "2007": 0.5294997192085277, "2008": 0.22225097521399664, "2009": 0.09556999921009461, "2010": 0.0823200827847716, "2011": 0.14799500185007744, "2012": 0.19873767588967156, "2013": 0.3971760455867856, "2014": 0.37087097781566514, "2015": 0.4184334527437027}, "type": "combochart", "header": "Share of Imports in Consumption (% based on value terms)"}}


Trade Balance
Brazil remains a net exporter of peanut butter; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. 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.
{"0": {"units": "tons", "data": {"Imports": {"2016": 89.0, "2017": 96.0, "2018": 119.0, "2019": 19.0, "2020": 15.0, "2021": 114.0, "2007": 867.0, "2008": 315.0, "2009": 94.0, "2010": 90.0, "2011": 140.0, "2012": 104.0, "2013": 254.0, "2014": 195.0, "2015": 146.0}, "Exports": {"2016": 16428.0, "2017": 12501.0, "2018": 15690.0, "2019": 6119.0, "2020": 5010.0, "2021": 7587.0, "2007": 2297.0, "2008": 1867.0, "2009": 1954.0, "2010": 2741.0, "2011": 4537.0, "2012": 4527.0, "2013": 4895.0, "2014": 5976.0, "2015": 9445.0}, "Balance": {"2016": -16339.0, "2017": -12404.0, "2018": -15571.0, "2019": -6100.0, "2020": -4995.0, "2021": -7473.0, "2007": -1430.0, "2008": -1552.0, "2009": -1860.0, "2010": -2651.0, "2011": -4397.0, "2012": -4423.0, "2013": -4641.0, "2014": -5782.0, "2015": -9299.0}}, "type": "linechart", "header": "Trade Balance (tons)"}, "1": {"units": "thousand USD", "data": {"Imports": {"2016": 313.0, "2017": 339.0, "2018": 352.0, "2019": 71.0, "2020": 76.0, "2021": 479.0, "2007": 952.0, "2008": 455.0, "2009": 156.0, "2010": 153.0, "2011": 291.0, "2012": 371.0, "2013": 628.0, "2014": 652.0, "2015": 679.0}, "Exports": {"2016": 23794.0, "2017": 20849.0, "2018": 22463.0, "2019": 11173.0, "2020": 9884.0, "2021": 14304.0, "2007": 3920.0, "2008": 5218.0, "2009": 3906.0, "2010": 5205.0, "2011": 9151.0, "2012": 9844.0, "2013": 9705.0, "2014": 11192.0, "2015": 13649.0}, "Balance": {"2016": -23481.0, "2017": -20509.0, "2018": -22110.0, "2019": -11101.0, "2020": -9809.0, "2021": -13824.0, "2007": -2968.0, "2008": -4762.0, "2009": -3750.0, "2010": -5052.0, "2011": -8860.0, "2012": -9472.0, "2013": -9078.0, "2014": -10540.0, "2015": -12970.0}}, "type": "linechart", "header": "Trade Balance (thousand USD)"}}


Market Overview
Consumption
Consumption by Country
Consumption by Type
Market Forecast
Market Structure
Trade Balance
Production
Production by Country
Production by Type
Harvested Area
Harvested Area by Country
Harvested Area by Type
Producing Animals
Producing Animals by Country
Producing Animals by Type
Yield
Yield by Country
Yield by Type
Imports
Imports by State
Imports by Country
Imports by Type
Import Prices by State
Import Prices by Type
Import Prices by Country
Exports
Exports by State
Exports by Country
Exports by Type
Export Prices by State
Export Prices by Type
Export Prices by Country
Top Products to Diversify Your Business
Best-Selling Products
Most Consumed Product
Most Traded Product
Most Profitable Product for Export
Top Countries to Source Your Product
Top Producing Countries
Countries with Top Yields
Top Exporting Countries
Low-cost Exporting Countries
Top Overseas Markets for Exporting Your Product
Top Consuming Markets
Unsaturated Markets
Top Importing Markets
Most Profitable Markets
Top Producers
Monthly Imports
Monthly Imports by State
Monthly Imports by Country
Monthly Imports by Type
Monthly Import Prices by State
Monthly Import Prices by Type
Monthly Import Prices by Country
Monthly Exports
Monthly Exports by State
Monthly Exports by Country
Monthly Exports by Type
Monthly Export Prices by State
Monthly Export Prices by Type
Monthly Export Prices by Country
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Period:   
2007-2015   FREE
2016-2022   Premium
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2019
2020
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2022
Monthly data is available on the "Table" page.

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