The forecasted import of maize bran, sharps, and other residues to Brazil shows a steady upward trend from 2024 to 2028, with volumes increasing from 22.154 million kilograms in 2024 to 25.083 million kilograms in 2028. Notably, the trend reflects a consistent rise with year-on-year increases of about 3-4%. Compared to 2023, where the volume stood lower, this represents a robust growth trajectory. The compound annual growth rate (CAGR) over this five-year period suggests an average growth rate of around 3.2% per year.
Future trends to watch include:
- Potential impacts of climate change on maize production and subsequent residue imports.
- Trade policies influencing the importation of agricultural residues.
- Domestic demand shifts due to technological advancements in livestock feeding or biofuel production.
