In 2023, the import of non-food products of fish or crustaceans, molluscs, or other aquatic invertebrates to Brazil was valued at 1.80 million USD. Forecast for 2024 shows a growth to 1.8344 million USD, continuing to increase consistently each year until 2028, reaching 1.9769 million USD. This indicates a steady year-on-year growth rate of about 2% across these years.
The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be approximately 1.5%. The data suggest a gradual upward trend, reflective of increasing demand or changes in trade dynamics.
Future trends to watch for include shifts in Brazil's trade policies, changes in global demand for these non-food aquatic products, and potential supply chain disruptions or advancements that could impact import levels. Economic conditions and environmental policies, both domestically and globally, could also influence these trends.
