Barley consumption in Brazil is projected to grow steadily from 962.0 thousand metric tons in 2024 to 1030.0 thousand metric tons in 2028, demonstrating a consistent upward trend. This reflects positive year-on-year growth rates: approximately 1.9% from 2024 to 2025, 1.8% from 2025 to 2026, 2.2% from 2026 to 2027, and 1.0% from 2027 to 2028. From 2023 (actual data) to 2028 (forecast), the compound annual growth rate (CAGR) indicates moderate and sustainable growth.
Key future trends to monitor include:
- The impact of dietary shifts towards more health-conscious choices, which could influence barley demand in food and beverage industries.
- Weather patterns and their influence on barley production within Brazil and internationally.
- Trade policies affecting barley imports and possible disruptions in supply chains.
- Technological advancements in agriculture potentially boosting local production efficiency.