Forecast: Import of Tea and Mate Extracts, Essences and Concentrates to Brazil

In 2023, Brazil's imports of tea and mate extracts, essences, and concentrates were approximately at the same level as the forecasted value for 2024, suggesting consistent import volume. The data indicates a steady increase in the forecasted import values from 2024 to 2028, with a compound annual growth rate (CAGR) over this period being positive. Year-on-year growth from 2024 to 2028 shows modest increases, reflecting a stable upward trend in importation demand.

Future trends to watch for:

  • The potential impact of changing consumer preferences towards health and wellness, potentially boosting demand for tea and mate.
  • Economic factors such as exchange rates and tariffs could affect import levels, influencing these forecasts.
  • Monitoring global production outputs of tea and mate, as they could impact supply chains and import needs.

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