According to the National Supply Company (CONAB), Brazilian peanut production increased from 346,8 thousand tons in the 2014/2015 harvest, to an estimated 746,7 thousand tons in the 2021/2022 cycle, an increase of 115% . The good performance, according to researchers at the institution, is related to the increase in the area allocated for culture.
According to CONAB, most of the peanuts grown in the country are exported, 70% of production is destined for the international market, mainly to European Union countries. Other important buyers are Russia, Ukraine, the United Kingdom, Colombia, South Africa and Mexico.
With the war between Russia and Ukraine, the concern of peanut producers has increased, as exports to both have been affected since February this year, when the war began. But CONAB researchers estimate that China has shown increasing interest in Brazilian peanuts.
According to Fábio Pizzamiglio, director of Efficienza, a company specialized in foreign trade, the time is for market diversification. “We know that the impact of the military conflict in Europe will continue to affect foreign trade procedures and, for this reason, it is necessary for producers to seek new markets to maintain positive product export numbers”, states the executive.
Currently 47 Brazilian companies are authorized to export the product, after all stages have been completed. The decision came after a statement from the Ministry of Agriculture, which announced in a note that the Chinese market for peanut exports has been in effect since the end of September. The companies were authorized by the Department of Inspection of Products of Plant Origin of the Secretariat of Defense and Agriculture.
Every year, China imports around US$800 million worth of the product. Russia and Ukraine together account for almost half of Brazilian peanut exports. This procedure provided around US$344 million in sales to Brazilian companies in 2021.
Only Russia was responsible for 37,6% of the value, while Ukraine paid 8,71%, according to data collected and presented by the Ministry of Agriculture. However, even though the production and export of peanuts is largely affected by the war between Russia and Ukraine, it is not even included in the list of the country's 10 most exported products.
In Brazil, most of the peanuts are exported through the port of Santos, on the coast of São Paulo, while a small portion leaves Paranaguá, in the State of Paraná. In any case, this trade is concentrated in the Southeast, considering that the State of São Paulo is responsible for producing 93% of the almost 746 thousand tons of peanuts harvested across the country during the harvest.
However, for Pizzamiglio, the delays caused by the tax auditors' strike could create problems and need to be addressed by the Federal Government. “The port of Santos had a 150% increase in customs clearance time. Therefore, we need emergency actions to reduce the impact of the strike on our strategic ports and airports for foreign trade”, he adds.
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