In 2023, Brazil's import of Butadiene Rubber (BR) stood at approximately 81 million kilograms. Forecast data for 2024 to 2028 shows a consistent annual increase, with imports projected to reach approximately 83.3 million kilograms in 2024, escalating to about 90.9 million kilograms by 2028. This indicates a year-on-year growth rate of approximately 2-3%. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a steady increase, highlighting the growing demand for BR in Brazil.
Future trends to watch for:
- Expansion of the tire and automotive sectors, driving demand for BR.
- Potential impacts of trade policies and tariffs on import volumes.
- Advancements in synthetic rubber alternatives influencing market dynamics.
