In 2023, the import of P-Xylene to Brazil was valued at approximately $213 million. From 2024 to 2028, forecasted data shows a consistent increase in imports: $222.06 million in 2024, $231.91 million in 2025, $241.57 million in 2026, $251.03 million in 2027, and $260.3 million in 2028.
- The year-on-year growth rate is around 4% from 2024 to 2028.
- The compound annual growth rate (CAGR) from 2023 to 2028 is anticipated to be approximately 4%.
Looking forward, Brazil's demand for P-Xylene will likely be influenced by several factors:
- Global market dynamics and oil prices, which could impact production costs and pricing.
- Brazil's domestic consumption trends and developments in the petrochemical industry.
- Potential policy changes affecting imports or environmental considerations.