The import of Polymethyl Methacrylate (PMMA) to Brazil is projected to gradually decline from 2024 onwards, with forecasted values falling from 2.1401 million kilograms in 2024 to 1.9825 million kilograms by 2028. In 2023, the import volume stood at approximately 2.18 million kilograms. The year-on-year variation reflects a consistent decline, with average declines noted over each consecutive year. The compound annual growth rate (CAGR) over the 5-year period indicates a slightly negative trend, underscoring a steady decrease in imports.
Future trends to watch for include:
- Economic fluctuations which may affect industrial demand for PMMA.
- Development of local production capabilities which might reduce reliance on imports.
- Changes in trade policies that could impact import costs and volumes.