The import of plastics waste or scrap to Brazil has shown fluctuations over the past decade, reaching $1.99 million in 2023, a slight decrease from 2022. This market demonstrated volatility, with notable declines between 2015-2016 and 2019-2020, but a rebound in 2021. The compound annual growth rate (CAGR) from 2019 to 2023 was a negative 4.07%, reflecting a downward trend.
- 2013: Growth of 34.87%
- 2018: Significant increase of 69.06%
- 2023: Decline of 1.17%
Projected figures for 2024-2028 suggest a steady decline, with a CAGR of -1% and an overall forecasted decrease of approximately 4.89%. Observing trends, stakeholders should consider factors like international regulations and domestic waste management improvements impacting the sector.
