Brazil: Stability in the garlic market in July marks price recovery

Published 2024년 7월 24일

Tridge summary

In July, the wholesale garlic market at Ceagesp in São Paulo and Ceasa de São José in Santa Catarina remained stable with slight price decreases. Since April 2023, the garlic market has seen a significant price recovery due to lower domestic and foreign supply, benefiting national producers. The 2024/25 harvest in Santa Catarina is underway with a forecasted production of 6.9 thousand tons, slightly less than the previous cycle. Brazil's garlic imports in June dropped by 20.40% compared to last year, but overall imports in the first half of 2024 increased by 23.54%, with Argentina and China being the main suppliers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In July, the wholesale garlic market at Ceagesp, in São Paulo, remained stable, with prices similar to those recorded at the end of June. According to the July Agricultural Bulletin from the Center for Socioeconomics and Agricultural Planning (Epagri/Cepa), class 5 garlic was sold at R$27.78/kg, representing a slight drop of 1.80% compared to May, when it was sold at R$28.29/kg. Class 6 garlic showed a reduction of 4.07%, priced at R$29.93/kg, and class 7 garlic was priced at R$32.80/kg, a slight decrease of 0.42% compared to the month previous. At Ceasa de São José, in Santa Catarina, the price of national noble garlic also remained stable between June and early July. Class 5 garlic was sold at R$23.00/kg, class 6 at R$25.00/kg and class 7 at R$27.00/kg. The average value paid to producers in Santa Catarina for categories 4-5 was R$14.00/kg in June, a 30% reduction compared to May, reflecting the end of commercialization of the crop in the state. The garlic market has experienced ...

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