The import of Natural Rubber Latex to Brazil in 2023 was approximately 31 million kilograms. The forecast for the upcoming years shows a steady increase. From 2024 to 2028, imports are expected to grow gradually from 31.334 million kilograms to 32.803 million kilograms. The year-on-year increase shows a consistent trend of about 1.2% growth annually. Over the five-year period, the compound annual growth rate (CAGR) averages around 1.8%, indicating a modest but stable rise in imports.
Future trends to watch for:
- Economic factors such as domestic industrial demand and global rubber prices influencing import volumes.
- Environmental regulations potentially affecting the supply and cost of natural rubber latex.
- Technological advancements in synthetic alternatives that might impact the demand for natural rubber latex.