In 2023, Brazil's import of liquefied ethylene, propylene, butylene, and butadiene stood at an undisclosed figure, forming the baseline for projected growth. Forecasts predict a steady increase in imports, with a year-on-year growth from 2024 to 2028 at rates of approximately 5.4% to 4.5% annually. The compound annual growth rate (CAGR) for the period of 2024 to 2028 is approximately 5%, indicating a consistent upward trend.
Future trends to watch for:
- Potential changes in Brazil's industrial demand that could influence import requirements.
- Impact of global supply chain dynamics on the availability and price of these gases.
- Regulatory shifts in environmental policies that could affect import strategies.