In 2023, the import of oleic acid to Brazil was at 1.7681 million kilograms. The year-on-year percentage increase from 2023 to 2024 is approximately 2.83%, indicating a steady growth trend. Moving forward, each consecutive year from 2024 to 2028 shows a consistent increase in volume, with an annual compound growth rate (CAGR) of approximately 2.6% over this five-year forecast period.
In terms of future trends, it will be important to monitor global supply chain efficiencies, the influence of international trade policies on import rates, and domestic demand fluctuations driven by the pharmaceutical and cosmetic industries in Brazil. Increased investments in renewable resources could also impact import volumes of oleic acid in the coming years.
