Between 2013 and 2023, Brazil's import of fluoro-polymers exhibited a fluctuating yet generally upward trend, starting at 2.511 million kilograms in 2013 and reaching 2.8637 million kilograms by 2023. Despite significant drops in certain years, such as 2014, 2015, and 2020, the market managed to recover with notable increases in the corresponding years. From 2021 onwards, imports have shown steady growth, culminating in a 2.36% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) stands at approximately 2.59%.
Looking ahead from 2024, the forecast predicts continued growth, with imports expected to rise steadily, achieving a CAGR of 1.81% over the next five years, culminating in a 9.37% overall growth by 2028. This suggests a stable and growing demand for fluoro-polymers in Brazil.
Future trends to watch for include potential market disruptions due to geopolitical issues, fluctuating raw material prices, and advancements in alternative materials which could impact import volumes. Additionally, evolving environmental regulations may influence market dynamics and technological innovations in the production of fluoro-polymers.
