Browse Data and Analysis

In 2021, the Brazilian foodservice industry reached revenues of BRL 460 billion (USD85.2 billion), a growth of 26 percent compared to 2020. Although many challenges are still present, the forecast for 2022 is at 18 percent growth compared to 2021.

Post forecasts an increase in cattle production by 2.8 percent in 2022 and one percent in 2023, driven by global demand, elevated beef prices, and a general trend of expansion in the sector. Nevertheless, increasing production costs, especially feed prices, inflation, and unstable weather are expected to pose challenges to cattle ranchers.

Post increased its forecast for soybean planted area to 42.8 million hectares for 2021/22, up previously from 42.5 million hectares. Brazil continues to expand its area due to record high domestic soybean prices. Post forecasts a record harvest at 148.5 million metric tons (MMT), increased from 144 MMT previously with planting starting earlier this year as well.

Post forecasts 2022/23 cotton area planted at 1.65 million hectares (ha), an increase of just over one percent from the 1.63 million ha cotton area estimate for 2021/22. Post’s forecast is based on expectations that despite challenges, such as risings costs and tightening margins, Brazilian producers are optimistic about the crop’s prospects, and eager to continue growing the sector.

Brazil’s Marketing Year (MY) 2022/23 sugarcane crop is estimated at 621 million metric tons (MMT), an increase of eight percent compared to the final estimate for MY 2021/22 (576 MMT), supported by better weather conditions vis-à-vis the previous year. Sugar prices remain attractive and sugar-ethanol plants have focused on sugar production as opposed to ethanol. Brazilian exports for MY 2022/23 are estimated at 28.2 MMT, raw value, an increase of 2.25 MMT relative to the previous season.

Brazil is the second largest producer of biotech crops in the world.

Post forecasts fluid milk production to increase by 1.8 percent in 2018.

Brazil’s coffee production for MY 2017/18 is revised down to 51.2 million 60-kg bags.

Brazil’s MY 2017/18 sugarcane crush remains unchanged at 645 mmt. Approximately 48.3 percent of the crop is expected to be diverted to sugar, as a consequence of the continued worldwide sugar deficit.

2016/2017 corn production is estimated at a record 97.7 million metric tons (mmt), a 46 percent increase from the previous year, based on expanded area and improved yields.

U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.

This report outlines regulatory requirements for food and agricultural product imports into Brazil, including import procedures.