The import volume of Isobutene-Isoprene (Butyl) Rubber (IIR) to Brazil has displayed a consistent downward trend from 2017 to 2021, starting at 2.4302 million kilograms in 2017 and dropping to 0.3241 million kilograms in 2021. This represents a substantial decrease, with a compounded annual growth rate (CAGR) illustrating a significant contraction over these years.
In 2023, the volume continued to be significantly low due to persistent factors affecting import levels. Looking ahead, monitoring changes in global demand for automotive and tire industries is crucial, as these are key sectors using IIR. Emerging domestic production capabilities in Brazil or shifting trade policies might also impact future trends.
