The import of bovine, sheep, and goat fats to Brazil is expected to grow steadily from 2024 to 2028. In 2023, the import volume stood around 62.6 million kilograms. Year-on-year growth indicates a consistent increase, with the highest jump expected between 2027 and 2028. Over the forecast period, the compound annual growth rate (CAGR) is projected to be approximately 3.0%, suggesting robust demand in Brazil.
Future trends to watch include:
- Global economic conditions affecting meat consumption and, consequently, byproduct imports.
- Changes in trade policies and import tariffs within the Mercosur trade bloc.
- Evolution of Brazil's domestic production capabilities impacting import needs.
- Environmental and sustainability pressures influencing trade dynamics.
