In 2023, the dry horse beans production in Brazil stood at 11.19 thousand metric tons. Looking at the forecast for the following years from 2024 to 2028, a steady but slight growth in production can be observed, increasing from 11.21 to 11.31 thousand metric tons. This represents incremental year-on-year growth of about 0.18% to 0.27%. Over the five-year span, the compound annual growth rate (CAGR) is anticipated to be around 0.22%, signifying moderate growth.
Future trends to watch for include potential impacts from climate change on yields, technological advancements in agriculture, and shifts in domestic and export demand, which could influence production levels more significantly than current forecasts suggest.
