In 2023, the import of shelled almonds to Brazil stood at an undisclosed value. Beginning in 2024, the forecast shows a steady increase in imports, with a projected growth from $33.548 million to $38.015 million by 2028. This indicates a consistent year-on-year growth pattern, estimated at nearly 3-4% annually, reflecting a compounding annual growth rate (CAGR) for the forecast period.
Future trends to watch for:
- Emerging dietary trends boosting nut consumption could enhance import demand.
- Exchange rate fluctuations impacting import costs.
- Trade policy changes potentially affecting import tariffs or quotas.
- Brazil's domestic almond production developments potentially influencing import needs.