In 2023, Brazil's cattle exports stood at a baseline level before embarking on a forecasted growth path. From 2024 to 2028, cattle exports are projected to gradually rise from 599,000 heads to 601,000 heads, marking a modest increase over the five-year period. The Compound Annual Growth Rate (CAGR) suggests a slight upward trend in cattle exports, reflecting a stable market.
Future trends to watch for include:
- Global demand shifts for Brazilian beef, influenced by consumer preferences and trade agreements.
- The impact of climate and environmental policies on cattle farming and export capabilities.
- Developments in trade relations with key importers such as China.