In 2023, the import of mixtures of natural and synthetic rubbers to Brazil stood at an unspecified value. From 2024, a steady increase is forecasted, with imports expected to rise from $654.67K in 2024 to $809.3K by 2028, representing a compound annual growth rate (CAGR) over the five-year period. Key year-on-year growth includes 6.08% from 2024 to 2025 and consistent growth through to 2028.
Future trends to watch for include:
- Global market dynamics impacting rubber prices and supply chains.
- Brazil's domestic demand influenced by automotive and manufacturing sectors.
- Sustainability considerations increasing demand for synthetic alternatives.
