Trade4go Summary
Brazil is planning to increase its pecan cultivation area by 50% to 15,000 hectares by 2030, positioning the country as the fourth largest producer globally. The expansion is expected to be concentrated in the southern states, providing an alternative source of income for producers. The global supply shortage has led to a rise in domestic prices and a surge in exports, generating around US$ 200 million in revenue by November 2024. The climate conditions in the South make pecan cultivation viable, offering potential for both domestic and international market growth.
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Original content
With the end-of-year festivities, pecan consumption increases worldwide, and Brazil, with around 10 thousand hectares currently planted, plans to expand its cultivation area to 15 thousand hectares by 2030, a 50% increase. This is the forecast of the Brazilian Institute of Pecaniculture (IBPecan), which highlights the growth of the crop in the South of the country. According to Cleiton Wallauer, president of the entity, pecan nuts have been consolidated in the region for over 70 years, with new orchards being opened regularly. The southern states concentrate all national production, and the crop offers an alternative for income diversification for producers of different sizes. The projected increase in cultivation could consolidate Brazil as the fourth largest producer of the nut in the world by the end of the decade. The reduction in the global supply of pecan nuts has driven up prices in the domestic market and intensified exports. Data from the Brazilian Association of Nuts, ...