In 2023, the import of earth colours with 70% or more iron as ferrous oxide to Brazil stood at a significantly higher value than what is forecasted for 2024 onwards. The projections for 2024 to 2028 show a consistent downward trend in imports. Year-on-year data indicates steep declines, with a noticeable reduction of approximately 19% in 2025, about 23% in 2026, and further diminishing levels expected through 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period indicates an average annual decrease.

Future trends to watch include:

Potential changes in domestic production trends which might affect import needs.
Global economic shifts that might alter the cost structure or demand levels.
Evolving environmental regulations influencing industry practices and material preferences.