In 2023, Brazil's import of dextrins and other modified starches stood at approximately 15.78 million USD. The forecast indicates a steady growth in imports from 2024 onwards, with values expected to increase annually, reaching 17.628 million USD by 2028. The year-on-year growth rates from 2024 to 2028 show a consistent upward trend, with the compounded annual growth rate (CAGR) for this period estimated around 1.8%.
Future trends to watch for include:
- Potential impacts of trade policies and agreements on imports.
- Technological advancements in starch modifications that might affect import needs.
- Economic factors influencing purchasing power and demand in Brazil.
- Competitive dynamics and local production capabilities influencing import substitution.