The imports of prepared or preserved crustaceans and molluscs to Brazil are poised to decline, starting from an estimated $1.123 million in 2024 to $0.89243 million by 2028. This represents a year-on-year decrease with an approximate compound annual growth rate (CAGR) of -5.8% over the five-year period. In 2023, the value stood higher, indicating a trend of diminishing import volumes.
Future trends to watch for include:
- Potential impact of global seafood market dynamics on prices.
- Influence of domestic aquaculture developments on import reliance.
- Effect of environmental and regulatory changes impacting sourcing countries.
