Key Market Indicators
Brazilian metal imports are set to reach 13.2 million metric tons by 2026. This is up from 11.6 million metric tons in 2021, a growth rate of 2.2% yearly. Since 1975, Brazilian demand for metals has been growing at an average rate of 3.5% each year. In 2021, Brazil ranked 34th in the world in terms of metal imports. Sweden overtook them with 11.6 million metric tons. Japan, South Korea, and Germany ranked 2nd, 3rd, and 4th in the world, respectively.