As of 2023, Brazil's groundnut oil export volume was recorded at approximately 68.2 thousand metric tons. Forecasts show a steady increase from 2024 to 2028, culminating at around 76.61 thousand metric tons in 2028. This represents a year-on-year growth ranging from 2.54% to 2.17% per annum over the period. The compound annual growth rate (CAGR) over these five years reflects an average annual increase of 2.33%.
Future trends to watch for include:
- The impact of global demand fluctuations on export volumes.
- Changes in domestic production capabilities and technology.
- Trade policy adjustments both in Brazil and importing countries.
