Brazil: Fruits and vegetables continue to see upward price trend

The Brazilian fruit and vegetable market continues with an upward trend in prices at the main supply centers. Lettuce and potato showed price stability, with interspersed high and low movements at a high level. For April, the trend is for a slight drop in lettuce and an increase for potatoes.

However, the predominant movement was to increase prices in most supply centers. In the case of onions, the upward trend has continued since the end of 2021, since, despite the positive scenario for importers, no impact on price reduction has yet been identified. Prices are expected to start showing signs of decline from April onwards, but on a small scale.

Tomatoes have also maintained an upward price movement since the last months of 2021. The rise is caused both by the reduction in supply – accumulated by almost 10% in 2022 – and by the seasonal increase in the harvest transition phase. In March alone, prices rose 27.19%.

April follows the inflationary trend, since the supply of the winter crop is still not enough to compensate for the increases seen so far. For carrots, the reduction in supply reaches 30% compared to March of the previous year.

In March 2022, the accumulated Brazilian fruit exports were higher than the shipments in the same period of the previous year – both in volume and in revenue. A total of 257,720 tons of fruit were exported, a volume 2.14% greater than in the same period in 2021. The revenue from these operations reached US$ 224.29 million, a result 0.95% above the calculated in March 2021.

Source: abrafrutas.org


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