The crustaceans export volume in Brazil has seen fluctuating trends over the past decade. In 2023, the export volume stood at 3.45 thousand metric tons, showing a slight year-on-year increase of 1.17%. Despite some volatility, the compound annual growth rate (CAGR) over the past five years was 1.26%, reflecting a generally positive trend. From the highs of 3.55 thousand metric tons in 2016 to the dip in 2020 at 2.77 thousand metric tons, the market has shown resilience and recovery.
Future trends to watch for include:
- Sustainability practices affecting export potential
- Global market demand fluctuations
- Technological advancements in aquaculture
- Climate change impact on marine ecosystems
- Regulatory changes in trade policies
