The forecasted import volumes of zinc bars, rods, profiles, and wire into Brazil indicate a gradually declining trend from 266.85 thousand kilograms in 2024 to 240.82 thousand kilograms in 2028. In 2023, it is essential to note that the import volume stood at 273.11 thousand kilograms. Annually, the import volumes are predicted to decrease: 2025 by 2.52%, 2026 by 2.52%, 2027 by 2.53%, and 2028 by 2.55%. This declining trend reflects a compound annual growth rate (CAGR) of approximately -2.56% from 2024 to 2028.
Future trends to watch for include:
- Potential shifts in Brazil's domestic zinc production capacity and consumption.
- Changes in international zinc prices and trade policies that could impact import volumes.
- Technological advancements or sector-specific demand influencing zinc's consumption in Brazil.