In 2023, Brazil's import of Bentonite stood at approximately 72 million kilograms. From 2024 to 2028, the forecast indicates a steady decline in import volumes from 69.014 million kilograms to 55.907 million kilograms. This reflects a year-on-year decrease, with the imports falling at an average rate of around 5% annually based on the Compound Annual Growth Rate (CAGR) over the forecast period.
Future trends to watch for:
- Potential shifts in global Bentonite supply chains or new production technologies could influence Brazil's import volumes.
- Domestic policy changes promoting local Bentonite production could further reduce dependence on imports.
- The fluctuation in industries relying on Bentonite, such as construction and pharmaceuticals, may also affect future imports.