Peanuts are highlighted in June festivals and Brazil’s trade balance

Published 2024년 6월 24일

Tridge summary

Brazil is a major producer of peanuts, accounting for 90% of the country's national production, with São Paulo being the leading region. The country has seen a 130% increase in peanut planting areas over the past decade, contributing to grain exports exceeding US$600 million last year and making Brazil a significant player in the global peanut market. During the June festivals, consumer consumption of peanuts is projected to rise by 8% to 10%. The versatility of peanuts allows them to be used in various dishes and as a stand-alone snack, enhancing their appeal and making them a staple in Brazilian traditions.

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Original content

With or without skin, roasted, fried or roasted, peanuts are a food recognized for its nutritional value and versatility. Protagonist of June festivals and regional celebrations, it is used in both sweet and savory dishes. “Peanuts are a legume and, because they have this nature, they are a very nutritious and healthy food due to their chemical composition, rich in nutrients, proteins, fiber, vitamins and minerals, important for the functioning and maintenance of our health”, says Cristiano Fantin, president of Abex-BR, the association that represents the segment. São Paulo accounts for 90% of national production, and the crop has a good turnover with sugar cane, a prominent crop in the state. In the last decade, the peanut planting area in Brazil grew by 130%, allowing the country to stand out in the trade balance. Last year, grain exports exceeded US$600 million, placing Brazil among the main exporters in the world. Consumer interest in peanuts and their derivatives ...

Source: CanalRural