In 2023, Brazil imported 32.8 thousand metric tons of nuts. Forecasted import volumes indicate a gradual increase, from 33.0 thousand metric tons in 2024 to 33.9 thousand metric tons by 2028. This reflects a year-on-year growth rate of approximately 0.6% from 2024 to 2025 and 0.6% from 2025 to 2026, continuing this trend at a similar rate until 2028. The compound annual growth rate (CAGR) over the next five years is forecasted to be around 0.6%. These trends suggest a stable and slightly increasing demand for nut imports in Brazil over the forthcoming years.
Future trends to watch for:
- Potential changes in consumer preferences and health trends affecting nut consumption.
- Fluctuations in domestic nut production impacting import needs.
- International trade agreements and tariffs that might alter import dynamics.
- Global market conditions and supply chain disruptions influencing availability and prices.