The gross production of tung nuts in Brazil is forecasted to decline from 74,000 USD in 2024 to 62,000 USD by 2028. This consistent decrease, starting from 2024, reflects an annual compound growth rate (CAGR) of -4.4% over the five-year period. Between 2025 and 2026, the year-on-year decline remains steady at -4.2%. This trend indicates a significant reduction in market value over time.
Future trends to watch for:
- Shifts in global demand for tung oil.
- Potential climate impacts on production efficiency.
- Changes in agricultural practices and technological advancement.
- Economic impacts on agricultural investment in Brazil.
