In 2023, Brazil's import of maize groats or meal stood at 20.68 thousand kilograms. Forecasts for 2024 estimate an import value of 21.18 thousand kilograms, with an annual increase across the forecast period, reaching 23.13 thousand kilograms by 2028. This reflects a steady year-on-year growth, with an approximate annual increase of around 2.33%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is predicted to be approximately 2.27%.
Future trends to watch for revolve around Brazil's domestic maize production levels, trade policy shifts, and global market conditions affecting supply and price volatility, which could influence import decisions and volumes.
