In 2023, Brazil's import of frozen whole cod was positioned at 5.2 million kilograms. From 2024 to 2028, the volume is forecasted to grow steadily, increasing year-on-year by approximately 2.8% on average. The compound annual growth rate (CAGR) over this five-year period stands at around 2.6%, demonstrating a consistent upward trend.
Future trends to watch for include shifts in global demand for seafood, potential trade agreements affecting import tariffs, and currency exchange rate fluctuations which could influence the cost and volume of imports, particularly impacting Brazil's sourcing strategy for frozen whole cod.
