In 2023, the oilseeds demand in Brazil stood at 57.67 million metric tons. From 2024 to 2028, the forecasted data shows a steady increase in demand. Specifically, the year-on-year variations are as follows:
- 2024 to 2025: 0.93%
- 2025 to 2026: 0.89%
- 2026 to 2027: 0.86%
- 2027 to 2028: 0.84%
Overall, the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 1.0%, indicating a gradual and consistent increase in oilseeds demand.
Future trends to watch for include fluctuations in global oilseed prices, potential changes in trade policies affecting imports and exports, advancements in agricultural technology, and environmental impacts such as climate change which could all influence demand levels. Monitoring these factors will be essential for a comprehensive understanding of the oilseeds market in Brazil.
