Forecast: Milled Rice Domestic Consumption in Brazil

The forecasted milled rice domestic consumption in Brazil is anticipated to decrease incrementally from 6.87 million metric tons in 2024 to 6.52 million metric tons in 2028. This reflects a consistent downward trend in consumption over the forecasted period. Notably, the average annual decline, or compound annual growth rate (CAGR), over this five-year span is approximately -1.3%.

In 2023, the actual consumption stood at about 6.95 million metric tons, signifying a continued decrease compared to future projections.

Future trends to watch for include:

  • Shifts in dietary consumption patterns, potentially influenced by health trends and food preferences.
  • Economic factors that may impact consumer purchasing power and food security.
  • Potential technological advancements in agriculture that could affect rice production efficiency and pricing.

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