In 2023, Brazil's import of prepared or preserved swine hams and cuts thereof stood at a Level that indicates a consistent decline over subsequent years. Starting from 2.4 thousand kilograms in 2024, a decline is evident with a year-on-year decrease to 2.0 thousand kilograms in 2025, 1.61 in 2026, 1.22 in 2027, and further down to 0.84392 in 2028. This steady decline corresponds to an average compound annual growth rate (CAGR) that underscores a significant contraction in the import volumes over this period.
Future trends to watch for include:
- Potential changes in consumer preferences within Brazil that could either further decrease or stabilize import needs.
- Influence of international trade agreements or tariffs impacting import levels.
- Domestic production capabilities that could substitute imports.