Forecast: Fisheries Exports in Brazil

Brazil's fisheries exports in 2023 stood at 425 million US Dollars. The forecasted values show a steady increase from 2024 to 2028, with 2024 at 453.15 million USD and reaching 566.72 million USD by 2028. The year-on-year variation shows a growth trend, with an increase of 6.4% from 2023 to 2024, 7.6% from 2024 to 2025, 5.9% from 2025 to 2026, 5.5% from 2026 to 2027, and 5.2% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period (2024-2028) is approximately 5.9%.

Future trends to watch for include the impact of global fish demand, advancements in sustainable fishing practices, and the effect of international trade policies on Brazil’s exports. Additionally, fluctuations in climate change and its impact on fish stock availability will be crucial.