In 2023, Brazil's domestic consumption of shelled walnuts stood at an estimated 20.9 thousand metric tons. The forecast from 2024 to 2028 shows a steady increase in consumption, growing from 21.59 thousand metric tons in 2024 to 24.33 thousand metric tons in 2028. This reflects a consistent year-on-year increase, with an average annual growth rate (CAGR) of approximately 3.0% over the five-year period. The upward trend suggests a growing demand for shelled walnuts in Brazil.
Future trends to watch for:
- Increasing health consciousness among consumers could further boost demand for walnuts as a healthy snack.
- Expansion in the use of nuts in culinary applications, including plant-based food products, may sustain consumption growth.
- Market dynamics such as price fluctuations and domestic supply conditions can impact future consumption levels.
