In 2023, Brazil's import of frozen whole sardines, brisling, and sprats stood at a lower volume compared to the forecasted volumes starting from 2024. The data shows a steady increase from 116.59 million kilograms in 2024 to 134.67 million kilograms in 2028. Year-on-year growth indicates a positive trend with increasing demand in this sector. Notably, the average compound annual growth rate (CAGR) over the five-year forecast period is also expected to be consistent.
Future trends to watch for include potential impacts of global marine sustainability initiatives and economic factors that may influence import levels. Keeping an eye on regional and global regulations affecting the fishing industry will be crucial for future market dynamics.
