In 2023, the actual production of walnuts in Brazil stood at 7.27 thousand metric tons. The forecasted data for 2024 indicates a production increase to 7.41 thousand metric tons, showing a year-on-year variation of approximately 1.9%. For 2025, production is expected to rise to 7.56 thousand metric tons, reflecting another increase of 2.0%. The upward trend continues in the subsequent years: 7.71 thousand metric tons in 2026 (2.0%), 7.86 thousand metric tons in 2027 (1.9%), and 8.01 thousand metric tons in 2028 (1.9%). The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is estimated to be 1.94%.
Future trends to watch for include the impact of climate change on walnut yields, potential advancements in agricultural technology, shifts in market demand, and international trade policies. These factors could significantly impact both the volume and value of walnut production in Brazil.
