In 2023, Brazil imported approximately 2.6093 million kilograms of aluminium stranded wire, cable, and plait. Forecasts indicate a decline to 2.3936 million kilograms in 2024, representing a year-on-year decrease of 8.3% from 2023. By 2028, imports are expected to further decrease to 1.5668 million kilograms. The compounded annual growth rate (CAGR) from 2024 to 2028 is about -10.7%, highlighting a consistent downward trend in volume over five years.
Future trends to watch include potential shifts in domestic production capabilities, changing trade policies, and new technological advancements that may impact the demand for imported aluminium products in Brazil.
