The projected import of salted or in brine cod to Brazil shows a consistent upward trend from 2024 to 2028, starting at 12.366 million kilograms in 2024 and rising to 14.509 million kilograms in 2028. In 2023, the volume was slightly lower than in 2024, reflecting an expected steady increase in imports.
The year-on-year growth rate is approximately 4.5% from 2024 to 2025, 4.2% from 2025 to 2026, 3.9% from 2026 to 2027, and 3.7% from 2027 to 2028. These figures indicate a gradually decreasing growth rate over time. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is about 3.9%.
Future trends to watch for include the impact of global fishing regulations on cod supply, consumer demand shifts due to dietary trends, and economic factors affecting Brazil's import capabilities. Additionally, sustainability practices and trade relations may influence future import volumes.
