The forecast for raw animal fats residuals in Brazil from 2024 to 2028 consistently shows a negative balance of -2000 metric tons per year. Comparatively, this positions the forecast consistently stable over the next five years, indicating no expected year-on-year growth or decline.
If we consider the data prior to 2024, we know these values are occurring from a negative base that wasn't expected to change, according to prior trends. The Compound Annual Growth Rate (CAGR) over this period remains flat as well, given no variation year-over-year.
Future trends to watch for include developments in waste reduction technologies or sustainable management practices that could potentially alter the steady negative balance in future forecasts. Monitoring trade policies or economic conditions that impact the animal fats processing industry in Brazil will also be key.
