Based on the provided data, Brazil's coffee production at the farm gate is forecasted to decline steadily from 2024 to 2028. The recorded value in 2023 was 5.15 Billion US Dollars.
Year-on-year variations for the forecasted period are as follows:
- From 2024 to 2025: a decrease of -3.21%
- From 2025 to 2026: a decrease of -3.32%
- From 2026 to 2027: a decrease of -3.44%
- From 2027 to 2028: a decrease of -3.33%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 shows an average annual decrease of -3.34%.
Future trends to watch for include potential impacts of climate change on crop yields, shifts in global coffee demand, and technological advancements in agricultural practices. Policies regarding export tariffs and trade agreements might also significantly impact production values.
