In 2023, Brazil's imports of prepared or preserved tunas, skipjack, and Atlantic bonito were valued at approximately 10.5 million USD. In 2024, forecasts show a decrease to 10.034 million USD, continuing a downward trend through 2028, reaching 8.1211 million USD. The year-on-year decrease is approximately 4.85% from 2024 to 2025, 5.04% from 2025 to 2026, 5.25% from 2026 to 2027, and 5.47% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is negative, indicating an average decline of around 5% yearly.
Future trends to watch for:
- Potential impact of economic policies on import tariffs and trade agreements that might alter trends.
- Changes in consumer preferences towards sustainability, potentially affecting tuna demand.
- Global supply chain factors, including fishing quotas and climate impact on tuna populations, which may further affect import levels.