The forecast for Brazil's walnut imports shows a sharp decline from 2024 to 2028, with imports in shell reducing from 369.77 thousand kilograms in 2024 to 72.68 thousand kilograms in 2028. The year-on-year percentage variation indicates a consistent decline. For reference, in 2023, the actual import stood above these forecasts, highlighting the future decrease. The compound annual growth rate (CAGR) forecasts an average annual decline over the five-year period.
Future trends to watch include:
- The impact of potential import restrictions or changes in trade policies.
- Fluctuations in domestic walnut production affecting import demand.
- Global walnut market conditions and pricing.
- Brazil's economic growth and consumer demand shifts influencing import volumes.
