The import of castor oil or fractions to Brazil in 2023 stood at 1.5 million kilograms. This forecast data shows a declining trend from 2024 through 2028, with a decrease from 1.2402 million kilograms in 2024 to 0.48859 million kilograms in 2028. The year-on-year decline is consistent, showing a marked reduction in imports. Over five years, the compound annual growth rate (CAGR) reflects this contraction.
Future trends to watch for include potential changes in domestic production of castor oil, which might influence import volumes, as well as any shifts in global trade policies that could affect Brazil's import dynamics in this sector.
