In 2023, the import value of shelled groundnuts to Brazil was approximately USD 3.861 million. The forecast for 2024 shows an increase to USD 4.0409 million, continuing to grow to USD 4.8033 million by 2028. Between 2024 and 2025, an estimated increase of 4.86% is anticipated. Over the same period, the five-year compound annual growth rate (CAGR) is projected at approximately 3.53%, indicating a steady upward trend in the importation value of shelled groundnuts.
Future trends to watch for include shifts in domestic agricultural policies, fluctuations in global peanut production affecting supply and pricing, and potential changes in consumer demand patterns due to health trends or economic conditions in Brazil.
