The import of frozen whole hake to Brazil is forecasted to decline steadily from 738.28 thousand kilograms in 2024 to 575.59 thousand kilograms in 2028. Assuming the import volume in 2023 was consistent with earlier decadal trends, this indicates a significant downtrend. An analysis of the year-on-year percentage variation reveals consistent reductions: 5.68% in 2025, 5.90% in 2026, 6.14% in 2027, and 6.40% in 2028. The compound annual growth rate (CAGR) from 2024-2028 portrays a decline at an average rate of approximately 6%.
Looking forward, important factors to watch include global trade policies, particularly any changes in tariffs or trade agreements, economic conditions affecting demand, and sustainability trends impacting fisheries and their supply chains.
