The total value of agricultural production at the farm gate in Brazil stood at $154.64 billion USD in 2023. Forecasted data from 2024 to 2028 shows a steady increase in value: 2024 is projected at $156.5 billion, 2025 at $158.13 billion, 2026 at $159.76 billion, 2027 at $161.36 billion, and 2028 at $162.95 billion. The year-on-year percentage variation indicates a stable growth pattern of approximately 1% to 1.2% annually from 2023 onwards, with a compound annual growth rate (CAGR) of roughly 1.35% over the next five years.
Future trends to watch for include technological advancements in agriculture, shifts in global trade policies, climate change impacts, and evolving consumer preferences towards sustainable and organic products.
Latest reports
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