In 2023, Brazil imported 118.55 million kilograms of pigments and preparations based on titanium dioxide. Forecasted data indicates a gradual increase in imports from 2024 to 2028, with volumes rising from 119.07 million kilograms in 2024 to 121.22 million kilograms in 2028. The year-on-year variation shows minor increases in consecutive years, with an overall compound annual growth rate (CAGR) that indicates a consistent but modest growth trend over the five-year period.
Future trends to watch for include:
- Global economic conditions impacting the demand and supply chain of pigments.
- Technological advancements in pigment applications that might alter market dynamics.
- Regulatory changes in Brazil or global environmental policies affecting titanium dioxide imports.