The forecast for Brazil's potatoes gross production in 2024 indicates a steady upward trend, starting at approximately $984.68 million. By 2028, it is expected to reach $1,015.9 million, representing a consistent annual growth rate. In 2023, the value stood slightly below this forecast, setting a solid foundation for future increases. The year-on-year growth from 2024 to 2025 is around 0.8%, continuing to about 0.8% in subsequent years. This results in a compound annual growth rate (CAGR) from 2024 to 2028 of approximately 0.77%.
Future trends to monitor include:
- Sustainable agricultural practices to improve yield and quality.
- Market demand shifts influenced by economic conditions.
- Global trade policies impacting exports.
- Technological advancements in farming and processing.
