Based on the data, Brazil's corn export is forecasted to increase from 52.75 million metric tons in 2024 to 66.36 million metric tons by 2028. The export value in 2023 stood at 49.41 million metric tons, reflecting a significant upward trend.
Year-on-year variations are as follows:
- 2024: +6.8% from 2023
- 2025: +6.6% from 2024
- 2026: +6.1% from 2025
- 2027: +5.7% from 2026
- 2028: +5.3% from 2027
The compound annual growth rate (CAGR) from 2024 to 2028 is 5.7%.
Future trends to watch for include potential impacts from climate change on crop yields, advancements in agricultural technology, and shifts in global demand for corn. Changes in trade policies and economic conditions in key importing countries could also significantly influence Brazil’s corn export forecast.
