The import of polystyrene waste or scrap to Brazil shows a steady increase from 2024 to 2028, with values forecasted to rise from $219.22 thousand in 2024 to $260.09 thousand in 2028. Assuming a similar trend into 2023, we observe a continuous upward trajectory for these imports.
Year-on-year growth shows a consistent percentage increase: 4.8% for 2025, 4.5% for 2026, 4.2% for 2027, and 4% for 2028, indicating a gradual deceleration in growth rate. The compounded annual growth rate (CAGR) over the 2024-2028 period is approximately 4.4%.
Future trends to watch for include potential regulatory changes in waste management impacting import volumes, shifts in global commodity prices affecting trade costs, and advancements in recycling technologies influencing demand patterns.