The import of palmitic and stearic acids to Brazil is expected to grow steadily from 2024 through 2028. In 2023, the import volume was approximately 7.8 million kilograms. Year-on-year, the projected growth for 2024 is 1.6%, with subsequent increases of around 1.3% each year till 2028. The Compound Annual Growth Rate (CAGR) over these five forecast years is estimated at approximately 1.4%, demonstrating consistent, albeit modest, growth in imports.
Future trends to watch for include potential shifts in demand due to changes in Brazil's industrial sectors like cosmetics, pharmaceuticals, and food production, as well as fluctuations in global supply chains affecting raw material availability and pricing.
