In 2023, Brazil's fisheries imports were valued at 1.05 Billion US Dollars. Based on the forecasted data, there is a consistent year-on-year decrease in import values from 2024 to 2028. Specifically, the year-on-year percentage variations from 2024 to 2025 show a decline of 3.29%, from 2025 to 2026 a reduction of 3.62%, from 2026 to 2027 a drop of 3.70%, and from 2027 to 2028 a further decrease of 3.80%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual decrease of approximately 3.60%.
Future trends to watch for include potential shifts in global trade policies, exchange rate fluctuations, and domestic food security initiatives that could further influence Brazil's fisheries imports. Additionally, advances in local aquaculture technology and sustainability measures may also impact import dependency moving forward.