The forecasted import of frozen whole cod to Brazil shows a steady upward trend from 2024 to 2028. The import value is predicted to rise from $54.919 million in 2024 to $61.923 million by 2028. Assuming 2023 had an import value around the 2024 forecast start, the year-on-year growth sees increments at approximately 3.28% for 2025, 3.11% for 2026, 2.97% for 2027, and 2.82% for 2028. The compound annual growth rate (CAGR) over these five years is moderate, indicating stable growth in the frozen whole cod import market.

Future trends to watch for:

Increasing demand in the Brazilian seafood market, potentially driven by dietary trends and culinary influences.
Trade policy changes which might impact tariffs and import regulations.
Global market fluctuations in seafood supply affecting pricing dynamics and sourcing options.