The import value of lac, natural gums, resins, gum-resins, and balsams to Brazil is forecasted to gradually decline from 2024 to 2028. Starting at 9.702 million USD in 2024, it is expected to fall to 9.5547 million USD by 2028. This indicates a consistent year-on-year decrease of roughly 0.4% annually, reflecting a moderate declining trend. The compound annual growth rate (CAGR) over this five-year period is negative, underscoring a continuous reduction in import value.
Future trends to watch for include changes in global supply dynamics that may impact prices and demand, developments in Brazil's domestic production of substitutes, and shifts in consumer preferences towards synthetic alternatives. Monitoring economic and environmental policies related to natural gum imports will also be crucial.
