The import of cardamoms to Brazil is projected to rise from 29.82 thousand kilograms in 2024 to 35.56 thousand kilograms by 2028, indicating a steady increase over the forecast period. The year-on-year growth rates approximate a 5-6% increase annually, showcasing a consistent upward trend when compared to import levels in 2023.
The compounded annual growth rate (CAGR) over the period from 2024 to 2028 is forecasted to be robust, reflecting Brazil’s growing demand for cardamoms.
Future trends to watch include:
- Economic factors impacting Brazil's import capacity and demand dynamics.
- Global supply chain developments affecting availability and pricing.
- Shifts in consumer preferences towards exotic spices.
