The import of Acrylonitrile-Butadiene Rubber (NBR) to Brazil is projected to show a downward trend from 2024 to 2028. Starting with a value of $8.128 million in 2024, imports are expected to decline to $7.745 million by 2028. Year-on-year analysis indicates a consistent decrease, with the value dropping by approximately 1.2% each year. Compared to 2023, when imports stood at $8.225 million, the future forecast depicts an overall negative Compound Annual Growth Rate (CAGR) over the five-year period.
Future trends to watch for include:
- Global economic conditions impacting commodity prices and demand.
- Substitutes or technological advancements reducing dependence on NBR imports.
- Trade policy adjustments between Brazil and key rubber-exporting countries.