In 2023, Brazil's import of refined groundnut oil was 31.77 thousand kilograms. From 2024 to 2028, the forecast shows a consistent increase in imports, reaching 34.08 thousand kilograms by 2028. This indicates a steady growth pattern.
- Year-on-year growth projections reveal an average of 1.34% increase across the years.
- The compound annual growth rate (CAGR) over the five-year period is approximately 1.40%, reflecting a stable upward trend.
Future trends to watch for include potential impacts from global oil supply, Brazil's economic growth, and consumer preferences shifting towards healthier oil options. Monitoring competitive oils' market movements could further influence refined groundnut oil imports.
