In 2023, the import value of flour or meal of dried legumes to Brazil stood at USD 34.5 thousand. Forecast data indicates a consistent year-on-year decrease from USD 32.03 thousand in 2024 to USD 23.33 thousand in 2028. This represents a compound annual growth rate (CAGR) of -7.43% over the five-year period. The trend suggests a declining interest or need for dried legumes in meal form, possibly influenced by domestic production capabilities or shifting dietary patterns.
Future trends to watch for:
- Domestic production developments that might affect import dependencies.
- Global market prices and any trade agreements affecting supply chains.
- Changes in consumer preferences towards alternative sources of protein.
- Economic conditions impacting consumer purchasing power in Brazil.
