As of 2023, Brazil's import of non-fresh foliage and branches for bouquets stood at a certain value, with projections indicating a gradual decline over the coming years. The forecast for 2024 is $55.81k, which is expected to decline steadily, reaching $53.97k by 2028. This constitutes a year-on-year decrease pattern, with the compound annual growth rate (CAGR) reflecting a slight negative trend over the coming five years.
Future trends to watch for include:
- Potential changes in global floral industry demands, which might affect import rates.
- Economic conditions in Brazil, which could influence purchasing power and alter import needs.
- Advancements in preservation technology for foliage that might impact the import of non-fresh variants.