The export of prepared or preserved fish from Brazil has shown considerable fluctuations over the past decade. In 2013, the exports stood at 967.94 thousand kilograms. By 2023, this value reached 1089.0 thousand kilograms, representing a modest year-on-year increase of 1.96% and an average annual growth rate (CAGR) of 0.73% over the last five years. This indicates a period of recovery and stabilization after significant variations in the preceding years, including a notable dip in 2016 when exports fell by over 52% year-on-year. Future projections from 2024 to 2028 anticipate a steady growth with a forecasted 5-year CAGR of 1.51%, leading to an expected export volume of 1198.5 thousand kilograms by 2028.
Future trends to watch for:
• Potential impact of global trade policies and tariffs on Brazilian exports.
• Changes in international demand for prepared or preserved fish, driven by shifting consumer preferences.
• Developments in sustainable fishing practices and their influence on supply.
• Investment in processing technologies and their effect on export volume and market competitiveness.
