In 2023, Brazil imported waste of artificial fibers totaling 30.2 thousand kilograms. Forecasts from 2024 to 2028 indicate steady annual increases in imports. This rise translates to a year-on-year growth of between 1.97% and 1.74%, reflecting consistent demand growth.
The compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 1.88%, pointing to a stable and gradual expansion over this period.
Future trends to monitor include:
- Technological advances in recycling that could affect demand for waste imports.
- Regulatory changes in Brazil or trade partners influencing import volumes.
- Market shifts towards sustainable practices impacting artificial fiber markets.