The forecast for the re-import of amino-resins, phenolic resins, and polyurethanes to Brazil indicates a declining trend from 2024 to 2028, with values reducing from 105.58 to 89.56 thousand US dollars. In 2023, the actual import value stood notably higher. Year-on-year, this data reflects a consistent decrease in re-imports by approximately 4% annually, leading to an estimated compound annual growth rate (CAGR) of -4% over the five-year period. This suggests a shrinking demand or substitutive local production gaining efficiency and scale.
Future trends to monitor include:
- Technological advancements in local production capabilities.
- Shifts in global trade agreements affecting import tariffs.
- Environmental regulations impacting material usage.
