The import of aminohydroxynaphthalenesulphonic acids and salts to Brazil has seen a significant decline over the past five years, from 170.66 thousand kilograms in 2017 to 14.5 thousand kilograms in 2021. This represents a remarkable reduction, with an average annual decline (CAGR) of approximately 39.6%. The year-on-year variations show consistent decreases, indicating an ongoing downward trend.
Future trends to watch for include:
- The impact of Brazil's industrial policies on import substitution, which might further decrease dependence on imported chemicals.
- Potential shifts in global trade dynamics that could alter Brazil's sourcing strategies and import volumes.
- Technological advancements in local industries potentially reducing the necessity for imports as domestic production capacities improve.