In 2023, the primary oilseeds gross production in Brazil stood at 10.1 Billion US Dollars PPP = 2004–2006. The forecasted data for the subsequent years show a steady increase: in 2024, it is projected to reach 10.409; in 2025, 10.714; in 2026, 11.014; in 2027, 11.308; and in 2028, 11.595 Billion US Dollars PPP = 2004–2006.
Some key observations include:
- From 2023 to 2024, the projected increase is approximately 3.06%.
- From 2024 to 2025, the projected increase is around 2.93%.
- From 2025 to 2026, the projected increase is approximately 2.80%.
- From 2026 to 2027, the projected increase is around 2.67%.
- From 2027 to 2028, the projected increase is approximately 2.53%.
The compound annual growth rate (CAGR) for the period from 2023 to 2028 is estimated at around 2.81%.
Future trends to watch for include potential impacts of climatic changes, advancements in agricultural technology, government policies regarding agricultural exports, and shifts in global demand for oilseeds.
