The forecast for the import value of frozen anchovies, Indian mackerels, seerfishes, jacks, crevalles, silver pomfrets, Pacific saury, scads, capelin, kawakawa, bonitos, marlins, sailfishes, and spearfish to Brazil suggests an upward trend. As of 2023, the imports were valued at approximately $915.74 thousand USD. From 2024 to 2028, anticipated year-on-year growth averages around 11%, with a compound annual growth rate (CAGR) of approximately 10.5% over the next five years. This signals a robust increase in Brazilian demand for these frozen fish varieties.
Future trends to watch include fluctuations in global fisheries’ yield impacting supply, changes in consumer preferences in Brazil towards sustainable and affordable seafood, and possible trade policy alterations affecting import levels. Monitoring climate change effects on fish stocks and international market conditions will also be pertinent.
