In 2023, Brazil's import of natural gum, resin, gum-resin, and balsam stood at approximately 2.88 million kilograms. The forecast from 2024 to 2028 indicates a consistent upward trajectory, with imports expected to rise to 3.37 million kilograms by 2028. This growth reflects a compound annual growth rate (CAGR) of about 3.1% over the five-year period.
Future Trends to Watch:
- Increasing global demand for natural products driven by health and environmental concerns could boost import volumes.
- Potential policy changes and tariff adjustments in Brazil, aiming to support local industries, might impact import levels.
- Technological advancements in synthetic alternatives may influence future demand for natural gum and resins.