The import of sheet or film non-cellular and not reinforced of phenolic resins to Brazil has shown a steady decline from 2017 to 2021, with imports dwindling from 45.88 thousand kilograms to just 1.7 thousand kilograms. This represents a substantial cumulative annual growth rate (CAGR) decline over these five years. By 2023, the import levels were negligible, reflecting a significant decrease in demand or possible substitution by alternative materials.
Future trends to watch for:
- Assess the impact of new trade policies or tariffs that may influence import levels.
- Monitor the adoption of new materials in industries traditionally using phenolic resins.
- Keep an eye on technological advancements that could reinvigorate demand for phenolic resins.
- Evaluate potential shifts in supply chain dynamics that could affect import volumes.