The import of polymers of propylene to Brazil has seen variable trends from 2013 to 2023, with significant fluctuations in annual values. Notable peaks in 2014 and 2018 were followed by declines in subsequent years. By 2023, the value stood at 629.95 million USD, showing a moderate 2.88% year-on-year increase. The compound annual growth rate (CAGR) of 1.79% over the last five years indicates a conservative growth trajectory.
Looking forward, forecasted data from 2024 to 2028 suggest an upward growth trend, with the forecasted CAGR of 2.16% leading to an overall growth rate of 11.29%. Factors to watch include global polymer market dynamics, raw material costs, and Brazil's domestic manufacturing capabilities, which could influence the import dependency and overall market demand.
