In 2023, Brazil imported a significant volume of flour or meal of dried legumes, laying the groundwork for future trends. Forecasts for 2024 through 2028 show a gradual decline in import volumes, starting at 47.27 thousand kilograms in 2024 and decreasing annually to 44.22 thousand kilograms by 2028. This represents a consistent downward trend with annual declines of approximately 1.5%. Over the five-year period, the compound annual growth rate (CAGR) indicates a moderate decrease, reflecting a steady reduction in import dependency.
Future trends to watch include potential shifts in local production capabilities, changes in demand driven by consumer preferences, and government policies affecting trade and agriculture. Monitoring these factors will be crucial in understanding the long-term trajectory of Brazil's import volumes for these products.
