The forecast for shelled cashew exports from Brazil to Italy shows a consistent upward trend from 2024 to 2028, starting at 16.39 million USD in 2024 and reaching 25.77 million USD by 2028. In 2023, the actual value stood at 14.10 million USD. The year-on-year variations from 2024 to 2028 indicate substantial growth, with each year experiencing increases ranging from approximately 14.56% to 9.81%. The Compound Annual Growth Rate (CAGR) over these five years stands at about 11.70%, reflecting a positive and steady escalation in export values.
Future trends to watch for include the potential impacts of global economic conditions on export levels, shifts in Italy's demand for cashew nuts, and Brazil's ability to maintain and increase its production capacities. Additionally, trade policies and tariffs could play a significant role in influencing these forecasts.
