Key Market Indicators
Brazil's imports of metal products are projected to rise to approximately $683 million by 2028, up from around $660 million in 2023. This marks an average annual growth rate of 0.6%. The demand for metal products in Brazil has been on a consistent upward trajectory, growing by 0.4% each year since 1994. Meanwhile, the country's exports of metal products are expected to decline to roughly $399 million by 2028, down from about $406 million in 2023. This represents an average annual decrease of 0.3%. The supply of metal products from Brazil has been gradually shrinking, with a yearly decline of 0.2% since 1994.
