In 2023, Brazil imported an estimated 27 million kilograms of oranges. The forecast from 2024 to 2028 shows a steady increase in import volumes, reaching approximately 32.5 million kilograms by 2028. The year-on-year growth reflects a consistent increase in demand of about 4% annually. Over the next five years, the compound annual growth rate (CAGR) is expected to be around 3.1%, indicating a gradually rising trend.
Future trends to monitor include:
- Changes in domestic orange production, which could impact import needs.
- Global trade policy shifts affecting import costs and regulations.
- Fluctuations in consumer preferences and health trends influencing orange consumption.