The import of sulphuric acid and oleum to Brazil saw notable fluctuations between 2013 and 2023, with its value standing at 30.491 million US Dollars by 2023. The observed year-on-year variations and CAGR over shorter periods highlighted significant volatility, characterized by extreme highs and lows such as in 2015 (137.23%) and 2016 (-67.81%). A steadier phase ensued post-2017, with increased imports in 2018 (71.25%) and a more moderate albeit steady growth rate reflected in the forecasted data from 2024 onwards.
Looking at the last two years specifically, the year-on-year percentage change for 2022 was 1.82%, while 2023 witnessed a marginally lower increase of 1.76%. Over the last five years, the CAGR fell to -1.47%, indicating a general period of consolidation and stabilization in imports.
Future trends to watch include:
- A forecasted 5-year growth rate of approximately 6.98%, driven by relatively modest yearly increments.
- A forecasted CAGR of 1.36% over the next five years, suggesting a slow but steady increase in imports.
- Potential market dynamics such as local production capacity, global supply chain shifts, and demand fluctuation in industrial applications may impact these forecasts.
