In 2023, Brazil's import of maize starch stood at approximately 5.5 million kilograms. The forecast for 2024 shows a decline to 4.6775 million kilograms, continuing to decrease each year to reach 1.7825 million kilograms in 2028. This represents a substantial annual decrease, with a year-on-year reduction in imports. The compounded annual growth rate (CAGR) over the next five years suggests a consistent downward trend in import volumes.
Future trends to watch for:
- Increasing domestic production capacity and its impact on imports.
- Shifts in global maize starch markets affecting prices and supply chains.
- Potential changes in government policies or tariffs influencing import levels.
