In 2023, the import value of polysulphides and polysulphones to Brazil was $106.31 million. The forecasted values for the next five years show a steady increase, with year-on-year growth rates at approximately 3.2% from 2024 to 2025, 3.1% from 2025 to 2026, 2.9% from 2026 to 2027, and 2.8% from 2027 to 2028. This steady growth over a longer term brings the compound annual growth rate (CAGR) to around 3.2% from 2024 to 2028.
Future trends to watch for:
- Technological advancements in the chemical industry which may affect production costs and import necessity.
- Trade policies or economic conditions in Brazil that could impact import dynamics.
- Increasing demand for these chemicals in various industries, such as manufacturing and industrial applications, could drive future import growth.