Analysis

High Shipping Cost of Chinese Garlic Leads Brazil to Increase Imports From Argentina

Fresh Garlic
Brazil
Published Jan 3, 2022
The wholesale price of fresh garlic in Brazil rose by 20.85% YoY. The price stood at USD 3.01 per kg in W5 Dec 2021, compared to the same period a year ago was USD 2.49 per kg. Brazil reduced garlic imports from China by -73% YoY in Q3 2021 due to high shipping costs. Dropped Chinese garlic supply to Brazil lead to the price increase in late-December 2021. On the other hand. Brazil had increased garlic import value from Argentina by +403% YoY in Q3 2021.
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