The demand for maize oil in Brazil is forecasted to show a steady increase from 79.33 thousand metric tons in 2024 to 84.04 thousand metric tons by 2028. This represents a year-on-year growth of 1.52% from 2024 to 2025, 1.48% from 2025 to 2026, 1.43% from 2026 to 2027, and 1.38% from 2027 to 2028. The average annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.45%. In 2023, the demand stood at 78 thousand metric tons.
Future trends to watch for include the potential impact of economic factors on consumer spending, changes in dietary preferences, and government policies affecting agricultural production and trade. Additionally, innovations in maize oil production technology and sustainability initiatives may influence market dynamics moving forward.
