The forecasted data indicates a steady increase in the import of Vitamin B1 to Brazil from 2024 to 2028, with values rising annually. In 2023, the import volume stood at 265 thousand kilograms. From 2023 to 2024, the import volume is expected to grow by approximately 0.91%. The year-on-year increase thereafter is slightly above 0.9% annually, with the five-year compounded annual growth rate (CAGR) estimated at around 0.91%. This steady growth suggests a consistent demand for Vitamin B1.
Future trends to watch for include:
- Potential changes in domestic Vitamin B1 production capabilities, which could impact import needs.
- Shifts in dietary supplements trends, potentially increasing or decreasing demand.
- Regulatory changes in import/export policies which could affect the market dynamics.
