Forecast: Import of Fish Oils to Brazil

In 2023, the import of fish oils to Brazil stood at 19.358 million USD. The forecast suggests a steady growth trajectory for the import values from 2024 to 2028. Year-on-year growth rates illustrate a progressive upward trend: 2024 with 3.6%, 2025 with 4.2%, 2026 with 4.0%, 2027 with 3.7%, and 2028 with 3.5%, highlighting a consistent increase in import demand. The compound annual growth rate (CAGR) over the forecast period averages approximately 3.8%, indicating sustained expansion.

Future trends to watch include:

  • Potential fluctuations in global fish oil supply, affecting pricing and import demands.
  • Growing consumer awareness and demand for omega-3 rich products, influencing import volumes.
  • Trade policies and environmental regulations impacting the fish oil industry.

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