In 2023, the banana yield in Brazil stood at an actual value of 150.50 thousand hectograms per hectare. From 2024 onwards, the yield is forecasted to increase progressively each year. Specifically, the data shows an annual growth from 151.29 in 2024, reaching 154.46 in 2028. This illustrates a steady year-on-year growth in banana yield.
Year-on-year variation analysis reveals:
- 2024: +0.53%
- 2025: +0.54%
- 2026: +0.53%
- 2027: +0.51%
- 2028: +0.50%
Average Compound Annual Growth Rate (CAGR) over the last 5 years: 0.52% per year.
Future trends to watch for include potential impacts of climate change on yield, advancements in agricultural technology, shifts in global banana demand, and changes in domestic agriculture policies which could significantly influence future yield outcomes.
