The supply of table grapes in Brazil has experienced notable fluctuations over the past decade. The supply hit a low in 2015 at 1.1411 Million Metric Tons before rebounding sharply in 2016 with a 54.9% increase. It experienced a general decline from 2017 onwards, reaching 1.4409 Million Metric Tons in 2020 with minor fluctuations. By 2023, the supply had seen a slight uptick to 1.5243 Million Metric Tons, reflecting a 5.67% year-on-year increase.
From 2018 to 2022, the compound annual growth rate (CAGR) was negative, indicating a period of decline. However, the forecasted data from 2024 to 2028 suggest a stabilized but marginal growth at an average CAGR of 0.04%, reaching a supply of 1.5285 Million Metric Tons by 2028.
Future trends to watch for:
- Climate variability and its impact on grape production.
- Technological advancements in agriculture could enhance yield.
- Market demand fluctuations driven by economic conditions.
- Policy changes in agricultural subsidies and trade regulations.
