The import forecast for not calcined petroleum coke to Brazil shows a consistent decline from 2024 to 2028, starting at 2.44 billion kilograms in 2024 and decreasing annually by approximately 0.7% to reach 2.37 billion kilograms in 2028. This indicates a gradual reduction in import volumes with a compound annual growth rate (CAGR) of around -0.7% over this period. In 2023, the actual imports stood significantly higher, reflecting the recent trend of declining dependency of Brazil on such imports.
Future trends to watch for include Brazil's shift towards local production capabilities, environmental regulations affecting import volumes, and global market dynamics such as changes in supply and pricing of petroleum coke. Monitoring these factors will be crucial in understanding the medium to long-term import scenarios for Brazil.
