Mustard powder and prepared mustard market in MERCOSUR

Earlier Report Observations

The mustard powder and prepared mustard market in MERCOSUR experienced notable fluctuations between 2018 and 2023. At the start of the period, product innovation, such as the development of white mustard by local companies in Brazil, alongside growing consumer interest in artisanal and traditional offerings, fostered creativity and differentiation within the sector. These developments coincided with a market volume of 3,879 tonnes in 2018, though it dipped to 3,553 tonnes the following year before a partial recovery to 3,770 tonnes in 2020.

A sharp expansion occurred in 2021, lifting the market to 4,854 tonnes. By 2022, several market factors were evident, including eased import regulations in Panama—featuring a 10% tariff and streamlined sanitary checks—which facilitated product access. Concurrently, Brazilian producers continued to innovate with combinations like mustard and honey, while consumer preferences shifted toward natural, organic, and gourmet products with clearer labeling. Despite these supportive conditions, the total market volume contracted to 3,764 tonnes in 2022.

A robust recovery followed in 2023, with the market reaching 5,283 tonnes, its highest point in the period. This 40% year-on-year growth aligns with the cumulative influence of ongoing product innovation, sustained demand for premium and differentiated mustards, and trade facilitation in key regional markets, underscoring the market's overall upward trajectory amid annual volatility.

Production mustard powder and prepared mustard in MERCOSUR

In kind, 2017-2020, t

Top producers of mustard powder and prepared mustard, 2017-2020

World map of production of mustard powder and prepared mustard, 2017-2020

MERCOSUR's production of mustard powder and prepared mustard has grown for the third year in a row. In 2020, the region produced 2 311 tonnes, marking a significant 18.8% increase compared to the previous year. Looking at the period from 2017 to 2020, production rose by 43.8%, which translates to an average annual growth rate of 12.9%.

Annual dynamics of production in MERCOSUR in kind, 2017-2020, t

Exports mustard powder and prepared mustard from MERCOSUR

Exports in kind, t

The export market for mustard powder and prepared mustard from MERCOSUR showed considerable volatility between 2017 and 2020. In 2019, exports saw their largest decline, dropping by 18.1%. However, the following year, in 2020, exports rebounded sharply, reaching 821 tonnes—a 48.3% increase from 2019. The most significant growth occurred in 2018, with a 76.6% rise. Overall, from 2017 to 2020, exports fluctuated widely, with a peak-to-trough difference of 2.1 times.

Annual dynamics of product's exports from MERCOSUR in kind, 2017-2020, t

From 2017 to 2020, Chile, Cuba, and Bolivia were the top destinations for MERCOSUR's mustard powder and prepared mustard exports in volume terms. Chile accounted for 1.1% of exports, Cuba for 0.7%, and Bolivia for 0.6%. Together, these three countries represented 2.4% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from MERCOSUR in kind, 2017-2020

Exports in value, K $ US

MERCOSUR's export value of mustard powder and prepared mustard has declined for the third consecutive year. In 2020, exports totaled 1 517 thousand US dollars, down 9.7% from the previous year. Over the period from 2017 to 2020, export value fell by 20.1%, equivalent to an average annual decrease of 7.2%.

Annual dynamics of product's exports from MERCOSUR in value, 2017-2020, K $ US

Between 2017 and 2020, MERCOSUR's exports of mustard powder and prepared mustard in value terms were not heavily concentrated in a few key markets. Chile accounted for 3.0% of export value, Bolivia for 0.9%, and Cuba for 0.7%. Combined, these three countries made up just 4.7% of total export flows, indicating a diverse market distribution.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from MERCOSUR in value, 2017-2020

Imports mustard powder and prepared mustard to MERCOSUR

Imports in kind, t

MERCOSUR's imports of mustard powder and prepared mustard in volume terms increased by 5.5% in 2020, reaching 2 280 tonnes compared to 2019. The largest growth occurred in 2018, with a 33.5% rise to 2 644 tonnes, the highest level in the period. In 2019, imports fell by 18.3%, the steepest decline. Overall, from 2017 to 2020, imports grew by 15.1%, averaging 4.8% per year.

Annual dynamics of product's imports to MERCOSUR in kind, 2017-2020, t

From 2017 to 2020, the United States, France, and Mexico were among the leading suppliers of mustard powder and prepared mustard to MERCOSUR in volume terms. The United States accounted for 17.0% of imports, France for 15.3%, and Mexico for 5.5%. Together, these three countries represented 37.8% of total imports, reflecting a broadly diversified import partner base.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to MERCOSUR in kind, 2017-2020

Imports in value, K $ US

In 2020, MERCOSUR's import value of mustard powder and prepared mustard rose to 5 578 thousand US dollars, up 22.1% from the previous year. The highest value was recorded in 2018 at 5 651 thousand US dollars, while the lowest was in 2019 at 4 567 thousand US dollars, marking a 19.2% decline that year. Over the period from 2017 to 2020, import value increased by 7.4%, with an average annual growth rate of 2.4%.

Annual dynamics of product's imports to MERCOSUR in value, 2017-2020, K $ US

Throughout 2017 to 2020, France, the United States, and Mexico remained the primary sources for MERCOSUR's imports of mustard powder and prepared mustard in value terms. France accounted for 28.2% of import value, the United States for 19.3%, and Mexico for 7.1%. Collectively, these three countries represented 54.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to MERCOSUR in value, 2017-2020