Brazil Nuts Prices

Brazil Nuts Prices December 2023

In the fourth quarter of 2023, the price of Brazil nuts in the United States reached 2833 USD/MT.
Similarly, in China, the Brazil nuts prices hit 3272 USD/MT during Q4 2023.
Moreover, Germany saw Brazil nuts prices reaching 4788 USD/MT during December 2023.

Brazil Nuts Price Trend, Market Analysis, and News

IMARC's latest publication, “Brazil Nuts Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the Brazil nuts market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of Brazil nuts at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed Brazil nuts price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting Brazil nuts pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Brazil Nuts Market Analysis

The global Brazil nuts market size reached 28.7 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 40.15 Thousand Tons, at a projected CAGR of 3.80% during 2023-2032.

• Growing consumer awareness about the health benefits of Brazil nuts, such as high selenium content and antioxidant properties, is accelerating the market demand. With more consumers turning towards healthy eating habits, the market continuously expands for foods high in nutritional contents, such as Brazil nuts.
• The global shift in demand toward plant-based diets is positively influencing the consumption of nuts and thereby affecting the consumption of Brazil nuts. This is further supported by the growing vegan population and vegetarians who seek protein-rich plant foods.
• The rising demand for organic food and the escalating shift to non-GMO and pesticide-free variants are driving the market.
• The demand for Brazil nuts is also propelled by the accelerating requirement for healthy and convenient snacking. Marketing efforts highlight Brazil nuts as a nutritious, ready-to-eat option that fits well into the active lifestyle of modern consumers, further driving demand.
• The growing demand for Brazil nuts in the cosmetic and personal care industries is driven by its high content of healthy fats and antioxidants.  Specifically, anti-aging creams that incorporate Brazil nut oil are gaining popularity for their ability to enhance skin appearance over time.
• Inflating disposable income levels of the consumers are resulting in higher expenditure on premium and healthy food products. Recognized as a premium product, Brazil nuts are increasingly being consumed due to their health benefits and perceived quality, which is directly contributing to the growth of the market.
• The proliferation of online commerce platforms has significantly enhanced the accessibility of Brazil nuts to a diverse consumer base, thereby bolstering the market growth. By facilitating the acquisition of these nuts through a few clicks, these platforms have amplified their visibility and availability, thus substantially encouraging increased consumption.
• Rising concerns regarding the sustainability and ethical sourcing of food among consumers are significantly supporting the market. This trend is particularly beneficial for Brazil nuts, as their eco-friendly harvesting practices resonate with environmentally conscious buyers, thus leading to an increased market demand.
• The versatility of Brazil nuts in various culinary applications significantly drives the market demand. Rapid product utilization in baked goods, salads, and gourmet dishes make them a favored ingredient among both professional chefs and home cooks. This widespread culinary appeal fuels the increasing demand for Brazil nuts across numerous foodservice sectors.
• The growing nutritional supplement industry is also enhancing the market for Brazil nuts, as these nuts are extensively used in various health supplements. The high nutritional composition favors their widespread use in dietary health supplements with wellness properties.

Brazil Nuts News

The report covers the latest developments, updates, and trends impacting the price of Brazil nuts, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the Brazil nuts price trend.

Latest developments in the Brazil nuts industry:

• February 16, 2024: Truly Nuts! has formed a strategic partnership with CLF Distribution, the UK’s largest natural and organic wholesaler, to expand its market reach and offer its unique range of flavored Brazilian nuts to a wider customer base. This collaboration aims to expand Truly Nuts! market reach and offer their unique flavored Brazilian nuts to UK consumers. 
• November 3, 2023:  Brazil’s Minister of Agriculture and Livestock, Carlos Fávaro, visited India and emphasized the importance of cooperative production and marketing in addressing global food security challenges. The visit aimed to strengthen diplomatic ties and explore opportunities for collaboration in agriculture, commercial, and industrial sectors. Trade discussions between Brazil and India underscored on expanding market access for an array of products, including the former exporting fresh avocados, citrus fruits, Brazil nuts, macadamia nuts, and yerba mate powder to India.

Product Description

Brazil nuts refer to large edible seeds that are extracted from the fruit of the Brazil nut tree, a large native tree of the Amazon rainforest. Tightly encapsulated in a hard woody shell, they are a dozen in number within a spherical pod resembling a coconut. Native to the forests of Brazil, Bolivia, and Peru, these nuts have a rich creamy texture with a slightly earthy flavor, making them versatile and suitable to be used both in sweet and savory dishes.

They are nutritious and exceptionally high in selenium, a mineral that plays a large role in many bodily functions, from thyroid health to antioxidant defense.  Apart from selenium, Brazil nuts are rich in health-supporting lipids, particularly monounsaturated and polyunsaturated fats that contribute to heart health.

They are also a fine source of protein, fiber, and some key vitamins and minerals, including vitamin E, magnesium, and zinc. Due to their richness in nutrients, Brazil nuts form part of health-oriented diets and are often consumed raw, roasted, or added to nut mixtures. Moreover, they are further utilized in making nut butter and oils. Brazil nut harvesting and selling are further significant activities that contribute to the local economies in Amazonian regions, which support performing sustainable forest management.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the Brazil nuts price trend. 

Global Brazil Nuts Price

The report offers a holistic view of the global Brazil nuts pricing trends in the form of Brazil nuts price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of Brazil nuts, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed Brazil nuts demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Brazil Nuts Price

European Brazil nuts prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for Brazil nuts can also be provided for an extensive list of European countries.

North America Brazil Nuts Price

The analysis of Brazil nuts prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific Brazil nuts historical data within the United States and Canada can also be provided.

Middle East and Africa Brazil Nuts Price

The report explores the Brazil nuts pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Brazil Nuts Price

The Brazil nuts pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This Brazil nuts price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Brazil Nuts Price

The analysis of Brazil nuts prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of Brazil nuts pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting Brazil nuts price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The Brazil nuts price charts ensure our clients remain at the forefront of the industry.