In 2023, the import volume of asbestos friction material, excluding brake articles, to Brazil was reported at a specific level not provided here but assumed as a baseline for analysis purposes. From 2024, forecasts indicate a steady year-on-year growth, with 2024 at 621.7 thousand kilograms, increasing consistently to 654.99 thousand kilograms by 2028. This reflects a Compound Annual Growth Rate (CAGR) of approximately 1.3% over the five-year forecast period, showcasing a modest, sustained increase in import volumes.
Future trends to watch for include:
- Changing regulations concerning asbestos use globally, which might affect import volumes.
- The emergence of alternative materials that could potentially replace asbestos-based products.
- Fluctuations in demand in industries relying on asbestos friction materials, which could impact import levels.