The forecast for Brazil's peanut oil exports from 2024 to 2028 shows a steady increase from 157.0 to 195.0 thousand metric tons. In 2023, the export value stood at approximately 150.0 thousand metric tons. Year-on-year growth rates are projected as 7.0% from 2024 to 2025, 6.0% from 2025 to 2026, 5.1% from 2026 to 2027, and 4.3% from 2027 to 2028, reflecting a decelerating growth trend. The five-year compound annual growth rate (CAGR) is expected to be around 5.6%.
Future trends to watch for:
- Global demand shifts influenced by health trends favoring plant-based oils.
- Regulatory changes impacting agricultural practices and export tariffs.
- Climate change effects on peanut crop yields in Brazil.
