The demand for mustardseed and rapeseed in Brazil shows a declining trend from 2024 through 2028, with a year-on-year decrease of approximately 6.2% to 7.4%. From 2024 to 2028, the compound annual growth rate (CAGR) illustrates an average annual decline of around 6.7%. In 2023, the demand stood as the baseline for this forecast.
Future trends to watch include:
- Potential impacts of climate change and agricultural policies on crop yield and demand.
- Shifts in consumer preferences towards healthier oils, affecting mustardseed and rapeseed demand.
- Economic factors that may influence production costs and market prices over time.
