Forecast: Cassava Import Volume in Brazil

The forecast for Brazil's cassava import volume indicates a sharp decline from 2024 through 2028, decreasing from 19.3 to 1.0 thousand metric tons. As of 2023, the volume stood at 24 thousand metric tons, meaning the expected reduction from 2023 to 2024 is significant. The year-on-year variations from 2024 to 2028 illustrate a persistent downward trend with a compound annual growth rate (CAGR) showcasing an average decline per year.

Future trends to watch for include:

  • Domestic production capabilities augmenting to meet local demand, potentially reducing import reliance.
  • Policy changes impacting cassava-related trade, possibly enhancing local incentives for production.
  • Shifting consumer preferences or technological advancements that may impact cassava demand or alternative local substitutes.

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