In 2023, Brazil's import of not roasted and not decaffeinated coffee stood at a lower benchmark than the forecast for subsequent years. The expected increase from 2024 to 2028 is consistent, showing a gradual rise each year. Year-on-year growth rates reflect a steady increase, evidencing a healthy upward trajectory in the volume of coffee imports by Brazil.
Key observations:
- 2024 anticipates an import volume of 110.81 thousand kilograms.
- Projected growth leads to 128.36 thousand kilograms by 2028.
- The compound annual growth rate (CAGR) from 2024 to 2028 portrays consistent expansion.
Future trends to watch include potential impacts of global trade policies, climate conditions affecting coffee supply, and domestic consumption dynamics in Brazil. Additionally, market shifts towards different coffee varieties could influence import volumes and directions.
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