Brazilian peanut production grows more than 100% in the last 8 years

Published 2022년 9월 28일

Tridge summary

São Paulo, the largest peanut producing state in Brazil, is projected to harvest 692.7 thousand tons of peanuts, a 23.3% increase from the previous harvest, according to the 12th Grain Harvest Survey. The state accounts for 92.8% of the country's total production. Most of the production, approximately 70%, is exported, with the European Union being the main buyer. However, recently China has shown growing interest in Brazilian peanuts, potentially opening up large new markets. The majority of the cultivation is concentrated in the northeast of the state, with several peanut exporters located along the route including Marília, Tupã and Presidente Prudente.

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

Original content

The largest peanut producer in the country, the state of São Paulo is responsible for 92.8% of this projection, with an estimated harvest of 692.7 thousand tons and growth expectations. The result represents an increase of 23.3% in relation to the previous state harvest, according to data from the 12th Grain Harvest Survey. “Peanut is no longer a secondary crop and has started to occupy new areas, both in the expansion of cultivation in rotation with the sugarcane crop and as a main option for the producer”, ponders Conab's Strategic Development and Support manager in São Paulo, Marisete Belloli. Most of the product grown in the country is exported. Approximately 70% of production is destined for the international market, with the European Union countries being the main buyers, especially the Netherlands, Poland, Australia and Italy. Other important buyers are Russia, Ukraine, the United Kingdom, Colombia, South Africa and Mexico. But, in recent years, China has started to show ...

Source: Conab