Price for Insects; Live, Other than Bees in Brazil - 2022
Contents:
- Price for Insects; Live, Other than Bees in Brazil (FOB) - 2022
- Exports of Insects; Live, Other than Bees in Brazil
Price for Insects; Live, Other than Bees in Brazil (FOB) - 2022
The average export price for insects; live, other than beeses stood at less than $0.1 per thousand units in 2022, standing approx. at the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 566% against the previous year. As a result, the export price reached the peak level of less than $0.1 per thousand units. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Liberia (less than $0.1 per thousand units), while the average price for exports to the United States (less than $0.1 per thousand units) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+67.4%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Insects; Live, Other than Bees in Brazil
In 2022, approx. 760M units of insects; live, other than beeses were exported from Brazil; reducing by -29.6% compared with the previous year. In general, exports showed a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs at 2.1B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, insects; live, other than bees exports shrank significantly to $3.4K in 2022. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 153%. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Insects; Live, Other than Bees in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Liberia | 489 | 671 | 20.0 | 2,088 | 62.2% |
| Ecuador | N/A | N/A | N/A | 555 | 0% |
| Marshall Islands | 613 | 428 | 209 | 223 | -28.6% |
| Singapore | 68.0 | N/A | N/A | 207 | 44.9% |
| Hong Kong SAR | 313 | 285 | 133 | 152 | -21.4% |
| Panama | 65.0 | 99.0 | 60.0 | 104 | 17.0% |
| Norway | 237 | 20.0 | 13.0 | 41.0 | -44.3% |
| Malta | 398 | N/A | N/A | 29.0 | -58.2% |
| United States | N/A | N/A | N/A | 15.0 | 0% |
| Bahamas | 274 | 151 | N/A | N/A | -44.9% |
| Portugal | 189 | N/A | N/A | N/A | 0% |
| Others | 1,406 | 8,608 | 4,402 | 27.0 | -73.2% |
| Total | 4,052 | 10,262 | 4,837 | 3,441 | -5.3% |
Top Export Markets for Insects; Live, Other than Bees from Brazil in 2022:
- Liberia (374.6M units)
- Ecuador (112.9M units)
- Marshall Islands (96.6M units)
- Singapore (67.6M units)
- United States (36.2M units)
- Panama (29.0M units)
- Hong Kong SAR (27.3M units)
- Norway (7.4M units)
- Malta (5.2M units)
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