The forecasted import of flours, meals, and pellets of fish for human consumption in Brazil shows a significant downward trend from 2024 to 2028. Starting at 12.89 thousand USD in 2024, a 24.43% decrease is anticipated in 2025, followed by a 31.62% drop in 2026, a 45.32% decline in 2027, and an 81.40% reduction in 2028. The compound annual growth rate (CAGR) over these five years reveals a substantial average decline per year.
Future Trends to Watch For:
- Health and environmental policies that may impact fish product consumption.
- Advancements in aquaculture technology or alternative protein sources.
- Global trade policies and economic conditions that affect import costs and demand.
- Consumer preference shifts towards sustainable and locally sourced ingredients.