In 2023, Brazil's milled rice exports stood at approximately 1.28 million metric tons. From 2024 to 2028, forecasts indicate a steady annual increase in exported volumes from 1.32 to 1.47 million metric tons, reflecting consistent demand. The year-on-year growth rates indicate a gradual incline, marking an average increase of about 3.5% annually over the forecast period.
Future trends to monitor include:
- Changes in global demand due to population growth and dietary trends.
- Trade policies impacting Brazil's export capabilities and competitiveness.
- Climate change effects on rice production and yield variability.
