The import of isocyanates to Brazil is expected to rise steadily from 133.23 million kilograms in 2024 to 146.56 million kilograms by 2028. Comparing with actual data from 2023, where imports stood at approximately 129 million kilograms, a consistent growth pattern emerges. Year-on-year growth rates from 2024 to 2028 reflect a steady upward trend in volume, with compounded annual growth rate (CAGR) indicating an average increase of around 2.45% over this five-year period.
Future trends to watch include:
- Potential increases in domestic production that might affect import dependency.
- Global price fluctuations and environmental regulations impacting supply and demand.
- Technological advancements reducing reliance on imports through local innovations.