The import of fish fillets and other fish meat to Brazil is projected to grow steadily from 2024 to 2028, with values reaching 341.05 million USD in 2024 and 353.07 million USD by 2028. In 2023, imports stood at 338.25 million USD. The year-on-year variations show incremental growth, with a percentage increase of approximately 0.91% from 2023 to 2024, 0.91% from 2024 to 2025, 0.88% from 2025 to 2026, 0.86% from 2026 to 2027, and 0.83% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the next five years is projected to be around 0.87%.
Future trends to watch for include:
- Changes in trade policies and tariffs that could impact import costs.
- Fluctuations in global fish supply and demand which might influence prices.
- Shifts in consumer preferences towards sustainable and locally sourced seafood.
- Potential impacts of climate change on marine life and fish availability.
