The forecast for the import of artificial corundum to Brazil demonstrates a consistent downward trend from 2024 to 2028, with volumes declining from 5.1981 million kilograms to 3.5913 million kilograms. This represents a year-on-year decrease of roughly 8-9% annually. If a compound annual growth rate (CAGR) is projected for this period, the average annual decrease would be significant, signaling a shrinking demand or a shift in sourcing patterns. In 2023, to compare, actual import volumes were noticeably higher.
Looking ahead, key trends to watch include advancements in domestic production capabilities, changing industrial demand, and shifts in global trade relations that may further influence Brazil's import strategy for artificial corundum.
