The consumption of Barley Feed in Brazil exhibited significant fluctuations over the observed period. After a substantial drop in 2015, the value rebounded in 2016, but has since shown a gradual declining trend from 2017 to 2023. As of 2023, the volume of barley feed stood at 71.0 thousand metric tons. The year-on-year variation consistently reflected slight declines over the last two years, -1.39% in both 2022 and 2023. Over the last five years, the CAGR reflects an average annual decrease of -0.82%.
Looking ahead, forecast data suggest a continuation of the downward trend with the projected volume in 2028 being 68.0 thousand metric tons. The 5-year forecast CAGR stands at -0.58%, indicating the average annual decrease will persist, albeit at a slightly reduced rate compared to the last five years.
Future trends to watch for:
- Potential shifts in feed demand due to changes in livestock farming practices.
- Impact of climate change on barley production and feed availability.
- Economic factors influencing agricultural investments and feed import policies.
