The total aquaculture production in Brazil increased from an actual value of 650 thousand metric tons in 2023 to forecasted values, reaching 745.7 thousand metric tons by 2028. This reflects a consistent upward trend, with a year-on-year growth projected at around 2.5% to 2.8%. The compound annual growth rate (CAGR) over this period is approximately 2.8%, signifying a steady expansion in production volume.
Future trends to watch for include:
- Technological advancements in aquaculture practices that could boost efficiency and output.
- Policy changes or investments that aim at sustainable and environmentally-friendly aquaculture methods.
- Potential impacts of climate change on production capacity and biodiversity in aquatic farming.
- Shifts in international demand and trade dynamics which could influence production priorities.
