In 2023, Brazil's gross production of mangosteens, guavas, and mangoes was substantial, setting the stage for continued growth. Forecasted data indicates steady growth in the sector, with the value projected to increase yearly from 2024 to 2028. The projected figures show consistent expansion, showcasing a positive trend with year-on-year increases ranging from around 2% to 2.1%. The 5-year Compound Annual Growth Rate (CAGR) from 2024 to 2028 is indicative of an upward trajectory.
Future trends to watch for include:
- Adoption of advanced agricultural technology to boost yield.
- Impact of climate change on crop production.
- Trade policies affecting export markets.
- Shifts in consumer preferences toward tropical fruits.