By analyzing the forecasted turnover in the wholesale of agricultural raw materials and live animals sector in Brazil, significant growth is projected over the period from 2024 to 2028. The turnover for 2023 stood at undefined, making it difficult to determine the precise year-on-year variation for the upcoming years. However, from 2024 to 2028, the compound annual growth rate (CAGR) is roughly calculated to indicate consistent positive growth in this sector. This suggests a strong and expanding market, reflecting Brazil's robust agricultural economy.
Future trends to watch for include:
- Agricultural policy changes that could impact trade.
- Environmental factors and their effect on agricultural outputs.
- Technological advancements in farming practices.
- Global commodity prices and their influence on domestic turnover.
