In 2023, Brazil imported polyethylene waste or scrap with a value of approximately $640,000. Forecasts for the years 2024 through 2028 show a consistent decline in imports: 2024 predicts $632,890; by 2028, it’s expected to drop to $598,310. The year-on-year decline reveals an average decrease of about 1.4% annually. This downward trend reflects increasing local recycling efforts and restrictions on waste imports globally. The compound annual growth rate (CAGR) further emphasizes a gradual contraction in import dependency over the forecast period.
Future trends to watch include Brazil’s domestic recycling policies and shifts in global waste management regulations. Emerging technologies in recycling and material recovery, as well as the international push to reduce plastic waste, could further influence these forecasts.
