Forecast: Import of Soya Beans to Brazil

In 2023, Brazil imported approximately 150 million kilograms of soya beans. From 2024 to 2028, imports are projected to decline progressively from 143.97 million kilograms to 96.028 million kilograms. Year-on-year percentage decreases show a gradual reduction, reflecting a negative trend in the volume of soya beans imported. This is indicative of a compounded annual growth rate (CAGR) that demonstrates an average yearly decrease over this forecasted period.

Future trends to watch for:

  • Possible increases in domestic soya bean production, reducing dependence on imports.
  • Impact of international trade agreements and tariffs on import volumes.
  • Changes in global soya bean prices influencing Brazil's import decisions.

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