Fruit exports from Brazil grow 2% in the first quarter

Published 2022년 4월 29일

Tridge summary

In the first quarter of 2022, Brazil's fruit exports experienced a 2% increase in volume compared to the same period in 2021, totaling 1.1 million tonnes and generating revenue of US$ 196 million, according to the Brazilian Association of Producers and Exporters of Fruits and Derivatives (Abrafrutas). Despite this growth, the war in Eastern Europe led to a significant decrease in exports to Russia, a key market, causing a shift in export routes and challenging Brazilian fruit exporters with increased logistical and financial hurdles. The war's broader impact on global market dynamics and competition, escalating shipping costs, logistical inefficiencies, and fluctuating exchange rates are among the many challenges faced by the sector. Nevertheless, Brazil's fruit export industry remains resilient, leveraging strategies such as participation in international fairs and expanding into new markets to improve its global standing and maintain competitiveness. These efforts are supported by investments in technology and innovation to ensure the sustainable growth of the sector, despite the complexities and uncertainties in the global market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia bought less, but did not prevent an increase in general. War and global logistics are challenges to keep exports above US$ 1 billion this year tonnes in the first quarter of this year compared to the period from January to March 2021, a growth of 2% in volume. Revenues, on the other hand, remained stable at US$ 196 million, according to data from the Brazilian Association of Producers and Exporters of Fruits and Derivatives (Abrafrutas). The highlight was lemon, with a volume shipped 20% higher. Mango, the most exported fruit in 2021, recorded an increase of 9% in volume in the quarter, but a drop of 8% in value. This is because there was a loss of quality due to the intense rains that hit the São Francisco Valley region, the main production hub. Also affected by the rain, grapes lost 59% in volume of exports and 61% in revenue. The apple, with a drop in production caused by the drought in the south, had a fall of 52% in volume and 56% in value. The war in Eastern Europe ...
Source: Abrafrutas

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