Peanut cultivation grows and makes Brazil a global reference for exports

Published Jun 21, 2024

Tridge summary

Brazil has seen a significant increase in its peanut cultivation area over the past decade, with an average annual growth rate of 11%, making it a major global supplier of the crop. The country's favorable climate, advanced production technology, and high grain quality have contributed to this growth. Brazil's peanuts are primarily exported, with a 360% increase in export volumes over the last decade, particularly for fresh grains and oil. The main consumers include Russia, Holland, South Africa, and Algeria, while China is the primary importer of Brazilian peanut oil. The country's peanut production is mainly concentrated in São Paulo, with other states like Minas Gerais, Mato Grosso, and Goiás also contributing. Brazilian peanuts are used in various products and applications, including oil, peanut-based foods, and energy. Research efforts in Brazil focus on improving peanut genetics, enhancing pest and disease management, and reducing aflatoxin levels, which are essential for maintaining high-quality peanuts.

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Original content

The area dedicated to growing peanuts in Brazil grew, on average, 11% per year in the last decade, becoming one of the most important grains in the trade balance and placing the country as a global reference in this crop. Potential The expectation is to continue rising. "Our oil has been well received abroad and, what until then was seen by producers [only] as an option in the rotation with sugar cane and soybeans, has become a growing crop that is attracting more and more interest", says Pablo Rivera, vice-president of the Association of Peanut Producers, Beneficiaries, Exporters and Industrializers of Brazil (Abex-BR). Brazil is one of the only producers in the world with the capacity to increase the area under cultivation of this oilseed. Furthermore, it has a favorable climate for cultivation, production technology and significant grain quality. "The growing consumption of the product around the world (2 to 4% per year) combined with the possibilities and capacity existing in ...

Source: Economia