The forecasted export of vinegar and substitutes for vinegar from acetic acid from Brazil is expected to show a stable but minimal increase from 2024 to 2028, beginning at a value of 3.3026 million kilograms in 2024 and reaching 3.3146 million kilograms by 2028. This steady growth suggests a compound annual growth rate (CAGR) of around 0.1% per year over the five-year period.
In 2023, the actual export volume stood at 3.3000 million kilograms. Comparing the forecast for 2024 with the actual data from 2023, there is an only slight increase of 0.08%. Over the past two years, the year-on-year growth rate has shown minimal variation, indicating a stable market demand for these exports.
Future trends to watch for include potential changes in global demand for vinegar and its substitutes, shifts in international trade policies, and the impact of economic conditions in key importing countries. Additionally, monitoring technological advancements in acetic acid production could offer opportunities for increased efficiency and capacity expansion, influencing export volumes positively.