The import value of crude glycerol, glycerol waters, and lye to Brazil is forecasted to decline steadily over the period from 2024 to 2028, starting from $112.93 thousand USD in 2024 and decreasing to $98.58 thousand USD by 2028. In 2023, the import stood at approximately $115 thousand USD. Year-on-year percentage decreases reflect a narrowing trend in imports, highlighting a sustained reduction between 2024 and 2028. The compound annual growth rate (CAGR) across these five forecasted years signals an average yearly decline.
Future trends to watch for include:
- The impact of global market dynamics and production efficiency improvements in domestic markets on glycerol supply and demand.
- Possible shifts in industrial applications that could either curtail or stimulate further imports.
- Changes in trade policies and tariffs that might affect import costs and volumes.