Forecast: Production in Agriculture, Forestry and Seafood Sector in Brazil

The production in Brazil's Agriculture, Forestry, and Seafood sector is projected to grow steadily from 2024 to 2028, increasing from 8.65 Billion Brazilian Reals in 2024 to 9.51 Billion Brazilian Reals in 2028. In 2023, the sector's production stood at approximately 8.44 Billion Brazilian Reals. From 2024 to 2025, the sector is expected to grow by 2.54%, from 2025 to 2026 by 2.48%, and from 2026 to 2027 by 2.31%. The average compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.41%.

Future trends to watch for include:

  • Technological advancements, particularly in sustainable farming and aquaculture practices.
  • Impact of climate change on agricultural productivity and forest management.
  • Changes in market demand both domestically and internationally for Brazilian agricultural and seafood products.
  • Government policies and investments in infrastructure and innovation within the sector.

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