Brazil Glucose Market Insights
Brazil glucose export quantities
The volume of glucose sold by Brazil in 2020 was 20,683 tonnes. In 2019 Brazil sold 20,385 tonnes of glucose. For 2019 alone, the interest in Brazil glucose (agro commodities category) has escalated, recording a change of 31.984 pc compared to the year 2018. Between 2017 and 2019, glucose's exports grew by 57.26 percent bringing the exporter US$8.02m for the year 2019. Brazil's glucose exports are categorised as:
- Glucose in solid form and glucose syrup, not containing added flavouring or colouring matter and not containing fructose or containing in the dry state, < 20% by weight of fructose (HS code 170230)
- Glucose in solid form and glucose syrup, not containing added flavouring or colouring matter, and containing in the dry state >= 20% and < 50% by weight of fructose (excluding invert sugar) (HS code 170240)
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Brazil glucose export values
In 2019, Brazil sold glucose costing 8.02m USD, an increment of 20.22% from 2018's total glucose export of 6.671m USD. The annual growth in value of Brazil glucose between 2017 to 2018 was 3.474%.
The per year variation in the amount of Brazil's glucose exports between 2017 and 2019 was 57.26 percent when compared to a variation of 31.984% in the growth rate between 2018 and 2019.
Brazil's stake of the world's total glucose's exports in 2019 was less than 1%. The country is ranked position 47 in world exports of glucose.
Export markets for Brazil glucose ( in '000$ )
Brazil's best performing export markets for glucose are Panama, Honduras, Guatemala, El Salvador and Peru.
Import/Export Trends
Brazil is a net importer of glucose. The annual growth of Brazil glucose in value between 2015 to 2019 was 3%, per annum, while annual growth in quantity through the same period was -12%, per annum.
Brazil ordered 11,709 tonnes of glucose in 2019.