Cereals: Tradition and opportunity for international growth
Cultivated by man since the Agricultural Revolution, which took place in the period of approximately 10,000 BC to about 4,000 BC, cereals are the basis of much of the food consumed in the world. The production of cereals (corn, oats, wheat, barley, rye, rice, etc.), even today, surpasses the production of any other product in the same niche.
Brazil stands out in exports
According to the Food and Agriculture Organization of the United Nations (FAO), around 2.5 billion tons of grains are produced in the world - an edible part of cereals. In Brazil, the situation is no exception. The production is done in mass and in addition to being a large producer, the country stands out in terms of product export. According to the platform, Observatory of Economic Complexity (OEC), in 2017, cereals, together with some other products from the plant kingdom, accounted for around 17% of all Brazilian exports - soy having a prominent role representing around 12 % of exports.
Tradition in the foreign market
In addition, studies carried out by the Ministry of Agriculture, Livestock and Supply indicate that, in the next decade, there will be a growth of around 40% in grain exports compared to exports in 2019, that is, the market tends to continue expanding. There is no expectation of a slowdown, since cereals are a very important base in the production of foods such as wheat, used in the production of bread and even as a basis for food, in the case of rice.
The importance of the performance of an international consultancy
Positioned among the highlights on the international scene, Brazil is considered one of the fastest growing countries in terms of production and exports. But, due to the importance and structure of the foreign market, it is of great importance that, before starting the export process, a more in-depth analysis of this market is carried out, aiming at a better and more profitable internationalization.
By Bruno Reis on 05/14/2020