In 2023, the oilseeds seed market in Brazil stood at 2.00 million metric tons. From 2024 to 2028, the market is forecasted to grow steadily, reaching 2.18 million metric tons by 2028. The year-on-year variations are as follows: an increase of 1.96% from 2024 to 2025, 1.44% from 2025 to 2026, 1.42% from 2026 to 2027, and 1.87% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the 5-year period from 2023 to 2028 is approximately 1.74%.
- Future trends to watch for include:
- Advances in agricultural technology and seed genetic improvement to potentially boost yields.
- Changes in global trade policies and environmental regulations impacting the oilseeds market.
- Fluctuations in global demand for biofuels, which could influence oilseed cultivation patterns.
