Brazil: Apple imports are high in 2022

Published 2022년 9월 8일

Tridge summary

In the first eight months of 2022, Brazil experienced a significant increase in fresh apple imports, with expenditure reaching US$ 57 million, a 87% rise compared to the same timeframe in the previous year. This surge, marked as the third highest on record since 1997 for the Secretariat, was primarily due to a severe shortfall in domestic production. This shortage was largely attributed to adverse weather conditions, notably droughts during the critical fruit-filling period, which negatively impacted the 2021/22 harvest. As a result, Brazil's trade balance faced a deficit of nearly US$ 32 million. The main apple suppliers for the Brazilian market were Chile, Argentina, and Uruguay, contributing 72%, 19%, and 4% of the total imports, respectively. Chile saw a notable uptick in its apple exports to Brazil, becoming the leading supplier and helping to offset the domestic production decline.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Imports of fresh apples have risen sharply this year. According to data from Secex, the collection between January and August was US$ 57 million (FOB), an increase of 87% compared to the same period last year, and the third largest expense in the Secretariat's historical series, which began in 1997. This scenario guaranteed a deficit of almost US$ 32 million in the trade balance for the period. According to agents consulted by Hortifruti/Cepea, the event is due to the low national supply, due to the failure of the 2021/22 harvest, mainly caused by weather obstacles. The drought in the summer, when the fruits are filled, was one of the major obstacles. Thus, even with the expensive imported fruit, due to the exchange rate, its entry into the domestic market was still viable. MAIN SUPPLIERS – Neighboring countries, such as Chile, Argentina and Uruguay, took advantage of ...

Source: Agrolink