In 2023, the re-import of polyethylene with a specific gravity of less than 0.94 to Brazil stood at 84 thousand kilograms. The forecast for the subsequent years indicates a steady increase, with volumes expected to reach 91.28 thousand kilograms by 2028. The year-on-year growth rates are consistent at approximately 1.6% to 1.8%, showcasing a stable upward trend. The compounded annual growth rate over the forecast period suggests an approximate yearly increase of 1.65%, indicative of a gradual rise in imports.
Future trends to watch for include:
- The impact of global oil price fluctuations on polyethylene production costs and import volumes.
- The effect of Brazilian domestic policies on import tariffs and trade agreements.
- The role of technological advancements in the production and recycling of polymers, potentially affecting demand for imported polyethylene.
