The import of broken rice to Brazil is forecasted to decline from 2.181 million kilograms in 2024 to 1.6294 million kilograms in 2028. In 2023, the value stood at an actual amount preceding this forecasted decline. This trend reflects a sharp decrease each year, with significant year-on-year variations. Between 2024 and 2028, the average decline compound annual growth rate (CAGR) points to a consistent reduction of import volume.
Future trends to watch for:
- Potential changes in domestic rice production affecting import needs.
- Purchasing power and consumption patterns in Brazil which could impact import volumes.
- Trade tariffs or agreements influencing rice import costs and decisions.