In 2023, the import of stone, plaster, cement, asbestos, and mica to Brazil stood at 467.15 million USD. Based on forecasts, the import values are projected to be 473.98 million USD in 2024, increasing consecutively each year to reach 496.83 million USD by 2028. This indicates a steady year-on-year growth, averaging a CAGR of approximately 1.25% over the five-year forecast period.
Future trends to watch for include:
- Potential policy changes in Brazil affecting construction materials import regulations.
- Global supply chain dynamics and their impact on material costs.
- Technological advancements in construction materials that could influence demand.
