The import of penicillins or streptomycins not in dosage forms to Brazil is forecasted to gradually increase from 2024 to 2028. In 2023, the import value was below $20.715 million USD, the level projected for 2024. The annual growth rates indicate a year-on-year increase, starting from approximately 3.75% in 2025 compared to 2024, to around 3.18% in 2028 as compared to 2027. Over the forecast period, the compound annual growth rate (CAGR) is approximately 3.43%.
Future trends to watch for:
- Potential impact of global pharmaceutical trade dynamics on import volumes.
- Regulatory changes in Brazil that could affect importation of pharmaceutical raw materials.
- Technological advancements in drug synthesis that could alter demand.
- Economic policies influencing exchange rates and trade partnerships, which can affect import costs.