The projected decline from 2024 to 2028 in the Agriculture, Forestry, and Fishing sector's value added in Brazil indicates a gradual decrease. Starting at 4.81 in 2024 and steadily dropping to 4.69 by 2028, this suggests a consistent but moderate downswing. The year-on-year percentage change reflects a minimal decrement of around 0.6% annually. Over five years, the compounded annual growth rate (CAGR) shows a slight contraction, highlighting a subtle but notable trend of diminishing contributions from this sector to the industry and services value added.
Future trends to watch for include potential impacts from climate change, which could significantly affect agricultural output, and technological advancements in farming methods. Moreover, policy changes and economic shifts in global markets may also alter this trajectory. Observing these factors will be critical to understanding further developments in this sector.
