Brazil’s maize export volume in 2023 stood at 26.47 million metric tons, representing a year-on-year increase of 0.95%. Over the last five years, the compound annual growth rate (CAGR) was 2.18%. This period saw fluctuations with significant annual changes, particularly in 2015 (+39.82%) and 2016 (-24.29%). From 2024 onwards, steady growth is forecasted, reaching 27.76 million metric tons by 2028, suggesting a five-year CAGR of 0.76% and a forecasted five-year growth rate of 3.83%. This indicates stable, albeit modest, growth trends.
Future trends to watch for include potential impacts of climate change on crop yields, global demand shifts, and trade policy changes, which could significantly influence Brazil’s maize export dynamics.
