The forecast for Brazil's soya beans gross production is set to increase steadily from 2024 to 2028, starting at 57.391 billion USD PPP in 2024 and reaching 66.379 billion USD PPP by 2028. In 2023, production stood below the 57.391 billion USD PPP mark. The forecasted year-on-year percentage growth shows a consistent rise, reflecting a strong upward trend in the soya bean market. The compounded annual growth rate (CAGR) over these five years highlights robust yearly growth.
Future trends to watch include potential impacts of climatic changes, trade policies affecting soya bean exports, and advancements in agricultural technologies that could boost productivity and efficiency.
