The import volume of homogenized vegetable preparations to Brazil has seen a significant decline from 14.43 thousand kilograms in 2018 to just 0.045 thousand kilograms in 2022. The year-on-year decrease is notable, particularly in the last two years, where the import volume dropped almost to negligible levels. The compound annual growth rate (CAGR) reveals an average decline over five years, underscoring the shrinking demand or increased domestic production.
Future trends to watch for include:
- Shifts in Brazilian consumer preferences or domestic agricultural policies that may affect import needs.
- Potential economic changes or trade agreements influencing the cost and feasibility of imports.
- Technological advancements in food production and preservation, possibly impacting both domestic and imported products.