In 2023, the production volume of oilseeds designated for non-food uses in Brazil was marked at a certain baseline. As we venture into forecasts, the data suggests a steady increase from 2024 to 2028. Starting at 449 thousand metric tons in 2024, it is expected to reach 467 thousand metric tons by 2028, showcasing gradual year-on-year growth.
Between 2024 and 2025, the volume increases by approximately 1.11%. This growth trajectory continues similarly through the subsequent years, reflecting a positive trend in the sector's expansion.
Future trends to watch for:
- Investment developments in sustainable fuel technologies.
- Governmental policies affecting biofuel mandates.
- Global demand shifts due to changing energy consumption patterns.
