Between 2013 and 2023, the import of chemical pulps of other fibrous material to Brazil demonstrated notable fluctuations in volume. In 2013, imports were relatively low, and the market saw some initial declines in 2014 before experiencing significant growth in subsequent years, peaking in 2022 with a consistent upwards trend. Particularly, the period from 2016 to 2019 noted tremendous increases, albeit with some volatility in the interim years. From 2021 to 2023, the market steadied with smaller, yet positive year-on-year increases. As of 2023, the import volume stood at 1,091.6 thousand kilograms, marking a steady year-on-year growth of 4.4% for that year.
Looking forward, the forecast from 2024 to 2028 hints at a continued upward trajectory in import volumes, with an expected average annual growth rate (CAGR) of 3.12%. By 2028, the import volume is projected to reach 1,331.9 thousand kilograms, indicating a forecasted 5-year growth rate of 16.62% from 2023 levels.
Future trends to watch for include:
- Economic conditions in Brazil which could impact import demand.- Changes in global supply chains and production capacities.- Technological advancements in production and recycling of chemical pulps.- Shifts in regulatory policies impacting trade within the chemical industry.
