The forecast for shelled walnuts supply in Brazil indicates a consistent upward trend from 2024 to 2028. In 2023, the supply stood at a significant level, and looking forward, there's an annual increase of approximately 2.95% observed between 2024 and 2025, continuing steadily up to 2028. The compound annual growth rate over this period is calculated at around 2.79%, highlighting a sustained expansion in walnut production. Factors contributing to this growth include improved agricultural practices and increased domestic demand.
Future trends to watch for:
- Potential impact of climate change on walnut yield.
- Changing consumer preferences towards plant-based diets.
- Technological innovations in farming and supply chain efficiencies.
