Forecast: Groundnuts Demand in Brazil

The forecast for groundnuts demand in Brazil from 2024 to 2028 suggests a declining trend. Starting at 262.16 thousand metric tons in 2024, demand is projected to decrease annually, reaching 247.41 thousand metric tons by 2028. This reflects a reduction of roughly 1.5% per year on average. The year-on-year declines are approximately 1.44% in 2025, 1.44% in 2026, 1.43% in 2027, and 1.43% in 2028.

Future trends to watch for:

  • Changes in consumer preferences towards healthier snacking, possibly affecting groundnut consumption.
  • Shifts in agricultural policies or trade agreements impacting supply and demand dynamics.
  • Technological advancements in groundnut production and processing that could influence market conditions.

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