The output of paper products in Brazil, expressed in Billion Brazilian Reals, grew steadily from 66.5 in 2013 to 136.69 in 2023. Year-on-year growth varied over the years, with significant increases notably in 2018 at 20.27% and a more moderate rise of 4.32% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was 4.52% indicating a stable but decelerating growth trend. The forecast from 2024 to 2028 projects the CAGR to be about 2.9%, with an overall growth rate of approximately 15.35% during this period.
Future trends to watch for include:
- Continued economic development and technological advancements in Brazil's paper industry
- Effects of sustainability initiatives and environmental regulations on production practices
- Potential impacts of global market dynamics and trade policies on the sector