In 2023, the share of MPS commodities in the total value of agricultural production in Brazil was at 88.7%. The forecasted data suggests a steady increase from 2024 to 2028, with an average annual growth rate reflecting consistent expansion within this sector. Year-on-year growth shows a slight but steady increase, with values growing from 89.21% in 2024 to 91.2% by 2028, indicating a CAGR of approximately 0.7% over these years.
Future trends to watch for include the impact of technological advancements and climate change on agricultural yield and commodity prices. Additionally, trade policies and international market demands could significantly influence the value share of MPS commodities in Brazil's agricultural production.
