The shelled walnuts production in Brazil is forecasted to achieve a consistent upward trend over the next five years. The production volume stood at 10.93 thousand metric tons in 2023. Forecasted values indicate an annual increase, reaching 11.24 thousand metric tons in 2024, 11.56 in 2025, 11.87 in 2026, 12.18 in 2027, and 12.48 in 2028.
Year-on-year variation percentages are as follows:
- 2024: 2.84%
- 2025: 2.85%
- 2026: 2.68%
- 2027: 2.61%
- 2028: 2.46%
The compound annual growth rate (CAGR) for the period 2024-2028 is approximately 2.77%, indicating a steady growth in production.
Future trends to monitor include climatic conditions affecting walnut yields, technological advancements in agricultural practices, and market demand shifts due to nutritional trends and consumer preferences. Monitoring these aspects will be critical for ensuring sustained growth in the walnut production sector.
