The import of prepared or preserved molluscs and shellfish to Brazil reached 13.786 million USD in 2023. The year-on-year variation for 2023 was 5.57%, reflecting a stabilizing trend following a substantial increase of 11.61% in 2022. The CAGR over the past five years stands at 5.51%, indicative of steady growth in the market.
Looking forward, the forecast predicts a continuous rise in imports, projecting 17.552 million USD by 2028, with a forecasted five-year CAGR of 3.83%. This suggests a moderate but consistent annual growth rate of around 20.7% over the forecasted period. This upward trend highlights sustained demand in the Brazilian market.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and locally sourced seafood, which might impact import volumes. Moreover, fluctuating global trade policies and economic conditions could also affect import dynamics.
