The import of prepared or preserved olives to Brazil is on a rising trend, with forecasted volumes showing steady growth from 113.34 million kilograms in 2024 to 122.79 million kilograms by 2028. In 2023, the actual import volume stood at 110.27 million kilograms. Between 2024 and 2028, year-on-year import volumes increase by approximately 2.1% on average, with a compound annual growth rate (CAGR) of about 2.0% over the five-year forecast period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier food options.
- Global market volatility, which may affect import costs and volumes.
- The impact of trade agreements and tariffs between Brazil and olive-exporting countries.
- Technological advancements in food preservation and packaging that could influence supply chain efficiencies.