The import of Butadiene Rubber (BR) to Brazil has experienced fluctuations over the past decade. From a high of $163.38 million in 2013, the value fell significantly to $102.11 million by 2015. Subsequent years saw a moderate recovery, with the import value reaching $144.83 million in 2023. Year-on-year variation over the last two years showed a modest 1.04% increase from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years (2019-2023) was 1.25%.
The forecasted data from 2024 onwards show a steady increase in import value, reaching $152.21 million by 2028. This implies a forecasted 5-year CAGR of 0.84%, representing a 4.28% total growth over the next five years.
Future trends to watch for include shifts in global supply chains, changes in Brazil's industrial demand for synthetic rubber, and potential regulatory impacts on raw material imports. Monitoring these factors will be essential for predicting more precise future import trends of Butadiene Rubber to Brazil.
