From 2013 to 2023, Brazil’s shelled almonds supply saw fluctuating variations, with the actual supply standing at 4.23 Thousand Metric Tons in 2023. The year-on-year variation from 2022 to 2023 was 3.65%, slightly down from the previous year. The CAGR over the past five years was 4.46%, indicating a moderate upward trend.
Looking ahead, the forecasted data for 2024 to 2028 suggests a stable growth, with a projected CAGR of 2.54% and an overall growth rate of 13.35%. This indicates consistent but moderate increases in supply.
Future trends to watch for include potential impacts of climate change on almond yields, shifts in consumer demand, and changes in global trade policies. Furthermore, technological advancements in agriculture may significantly influence future supply levels. Monitoring these factors will be crucial for accurately forecasting the shelled almonds market in Brazil.
