In 2023, Brazil's fresh or chilled trout imports stood at an actual data benchmark. Moving forward, from 2024 to 2028, forecasted import values show a consistent decline from 722.31 to 443.93 thousand US dollars. Year-on-year variations illustrate a decrease, with substantial drops projected annually: approximately 9.79% in 2025, 10.73% in 2026, 11.90% in 2027, and finally 13.39% in 2028. Over these five years, the compound annual growth rate (CAGR) indicates an average annual decrease, reflecting a downward trend in imports. This points to a significant shift in Brazil's import dynamics for trout during the observed period.
Future Trends to Watch For:
- Monitoring domestic fish production capabilities as potential alternatives to imports.
- Analyzing shifts in consumer preferences impacting demand for imported trout.
- Evaluating trade policies and tariffs affecting import costs and volumes.
- Observing global market conditions influencing supply chain networks.