The import of magnesium waste or scrap to Brazil is forecasting a steady increase from 5.82 million kilograms in 2024 to 6.58 million kilograms by 2028. Compared to 2023 levels, where imports were approximately 5.63 million kilograms, this shows a positive trajectory in demand with roughly a 3.3% annual growth rate over the forecast period.
Year-on-year variations indicate consistent growth, with a slight increase as follows: 2025 sees a 3.3% rise over 2024, 2026 a 3.2% jump over the previous year, followed by 3% in 2027, and 2.9% in 2028. This points to a gradually stabilizing demand.
Looking ahead, key trends to monitor include changes in global supply chains, Brazil’s industrial consumption patterns, and the potential impact of environmental regulations. Leveraging recycled magnesium and advancements in processing technologies could further influence future demand and import levels.
