In 2023, Brazilian imports of prepared binders for foundry moulds or cores stood at 562.5 thousand kilograms. From 2024 to 2028, a consistent declining trend is observed, with import volumes decreasing from 544.02 to 473.3 thousand kilograms. The year-on-year variations show a continuous downward trend with a CAGR of -3.51% from 2024 to 2028. This indicates a steady reduction in import volumes, possibly reflecting changes in domestic production, market demand, or policy adjustments.
Looking ahead, factors influencing this trend may include technological advancements that reduce dependency on imports, shifts in trade policies, or evolving domestic capabilities in producing foundry materials. Close monitoring of these elements will be crucial for understanding future market dynamics.
