The import of petroleum-based lubricants used for the treatment of textile materials, leather, and furskins to Brazil is projected to grow steadily over the next five years, with a value increase from 10.671 million kilograms in 2024 to 11.665 million kilograms in 2028. Comparing 2023 to 2024, data indicates a gradual uptrend in import volume since 2023. The year-on-year growth rate is expected to average around 3% per annum over the forecast period, indicating Brazil’s increasing demand for such lubricants.

Future trends to watch for include:

Technological advancements in textile manufacturing could influence the types and volume of lubricants required.
Changes in trade policies, particularly involving petroleum-based products, may impact import volumes and costs.
Sustainability trends and environmental regulations might push toward alternative, eco-friendly lubricants, potentially impacting import figures.