In 2023, the imports of anti-oxidizers and stabilizers for rubber or plastics to Brazil stood at approximately 63.4 million USD. Forecasts for the subsequent years show a consistent upward trend. In 2024, imports are expected to total 64.847 million USD, increasing gradually to 70.545 million USD by 2028. The year-on-year variation highlights a steady growth, with percentages ranging from 2.26% to 1.99% annually between 2024 and 2028. The compound annual growth rate (CAGR) over this period is approximately 2.1%, indicating a moderate yet stable increase in imports.
Future trends to watch for include:
- Potential impacts of global economic conditions on trade agreements and pricing.
- Technological advancements or regulatory changes in rubber/plastics production, influencing demand.
- Brazil's domestic production capacity and advancements in developing local alternatives.
- Fluctuations in the prices of raw materials affecting import volumes and values.