Forecast: Import of Frozen Whole Mackerel to Brazil

In 2023, Brazil imported a notable quantity of frozen whole mackerel, setting a baseline for future projections. The forecast from 2024 indicates a steady decline in import volumes, dropping from 2.7026 million kilograms in 2024 to 2.1626 million kilograms by 2028. This downward trend suggests an average annual decrease, or compound annual growth rate (CAGR), over the five-year period. Each subsequent year between 2024 and 2028 shows a year-on-year percentage decrease in import volumes, reflecting a consistent downward trajectory.

Key future trends to watch for include:

  • Potential shifts in consumer demand for alternative fish species or sources, affecting mackerel imports.
  • Changes in trade policies or tariffs impacting the cost and volume of imports.
  • The impact of local fisheries and domestic production capabilities on import needs.
  • Environmental factors influencing mackerel availability globally.

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