Forecast: Demersal Fish Import Volume in Brazil

In 2023, the import volume of demersal fish in Brazil stood at a significant baseline, setting the stage for forecasted declines. From 2024 onwards, the data indicates a continuous downward trend, with a year-on-year average decline of approximately 3% through 2028. This suggests a compounded annual growth rate (CAGR) reflecting a consistent reduction in import volumes over this five-year period. Factors contributing to this trend might include shifting consumer preferences, local production improvements, or changes in import policies.

Future trends to watch for include:

  • Impact of sustainability trends on local fishing practices.
  • Evolving trade relations and their effects on import tariffs.
  • Technological advancements in domestic aquaculture possibly reducing reliance on imports.

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