In 2023, Brazil's import volume of dried shelled broad beans and horse beans stood at approximately 3.65 thousand kilograms. The forecast from 2024 to 2028 shows a consistent decrease, with year-on-year declines of 7.6%, 8.3%, 8.4%, and 9.5% respectively. The compound annual growth rate (CAGR) over this period is projected to be -7.9%. This trend indicates a significant reduction in imports, suggesting potential changes in domestic consumption or local production growth.
Future trends to watch for include Brazil's agricultural policy developments, shifts in consumer preferences towards locally sourced products, and global market dynamics affecting supply and pricing of these beans.
