In 2023, Brazil's oilseeds export volume stood at 93.12 million metric tons. Moving forward, the forecasted export volumes are as follows: 95.89 million metric tons in 2024, 98.85 million metric tons in 2025, 101.74 million metric tons in 2026, 104.57 million metric tons in 2027, and 107.35 million metric tons in 2028. This implies a consistent growth pattern over the forecast period.
- Year-on-year variations:
- 2024: 2.97%
- 2025: 3.09%
- 2026: 2.92%
- 2027: 2.78%
- 2028: 2.66%
Over the last two years, the compound annual growth rate (CAGR) is approximately 3%. This characterizes a stable and moderate growth trend over the last few years.
Future trends to watch for include potential impacts of climate change on oilseed production, global trade agreements influencing export volumes, and technological advancements in agriculture that could further enhance yield efficiencies. Monitoring these factors will be crucial in accurately updating and forecasting future trends in Brazil's oilseeds export industry.
