The import of polymers of propylene and olefins to Brazil is forecasted to slightly decrease from 5.7209 million kilograms in 2024 to 5.65 million kilograms in 2028. This represents a gradual decline in import volume with a modest year-on-year decrease. The 5-year CAGR indicates a slow contraction trend in imports. As of 2023, the imports stood at a level consistent with these small decreases.
Future trends to watch for:
- Potential shifts in global supply and demand for polymers impacting Brazil's import needs.
- Local production capacity changes which may affect import volumes.
- Fluctuations in international trade policies and tariffs that could impact cost-effectiveness of imports.