In 2023, Brazil imported just below 7 billion kilograms of wheat and meslin. Forecasts from 2024 to 2028 indicate a steady annual increase in imports, reaching over 7.3 billion kilograms by the end of the period. From 2024 to 2025, imports grow by approximately 1.03%, followed by similar yearly increments, highlighting a consistent upward trend. Over five years, the compound annual growth rate (CAGR) is modest, reflecting Brazil's stable demand for these commodities.
Future trends to watch include:
- The impact of Brazil's economic policies on importation.
- Global wheat and meslin supply chain developments.
- Any shifts in local agricultural productivity affecting reliance on imports.
- Potential trade agreements influencing import costs and volumes.