Key Market Indicators
Brazilian condiment exports are projected to reach nearly $32 million by 2026, up from $27 million in 2021. On average, exports have risen 13.5% annually since 1994. Brazil ranks 47th in the world in 2021, just behind Serbia with $26.7 million. China, Germany and Italy hold the next three spots. Imports are anticipated to reach $33 million by 2026, up 0.6% annually since 2021. Since 1994, demand has risen 3.4% each year. In 2021, Brazil is 59th, just behind the Dominican Republic at $32.1 million. The United Kingdom, Canada and France are the next three largest importers.