In 2023, Brazil's import of lard, other pig fat, and poultry fat amounted to approximately 28.5 thousand kilograms. Projected data indicate a steady year-on-year increase, with imports expected to reach 33.73 thousand kilograms by 2028. From 2024 to 2028, the compound annual growth rate (CAGR) is anticipated to be around 3.3%, highlighting a consistent upward trend.
Future trends to watch for:
- Potential shifts in global trade policies impacting import tariffs or quotas.
- Fluctuations in domestic demand influenced by alterations in dietary trends or local production capability.
- Economic factors such as inflation which may affect import cost and volume.