The import of maize bran, sharps, and other residues to Brazil is projected to grow from USD 2.7877 million in 2024 to USD 3.1007 million in 2028. This indicates a consistent year-on-year increase, with percentage growth rates for the forecasted years ranging steadily. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 demonstrates a stable upward trend reflecting increasing demand or import needs.
For future trends, key factors to watch include:
- Changes in domestic maize production affecting import reliance.
- Fluctuations in global maize prices impacting import volumes.
- Trade policy changes between Brazil and exporting countries.
- Shifts in animal feed and biofuel industries, influencing residue utilization.
