The copper secondary refinery production in Brazil, measured in thousand metric tons, has experienced significant variations over the last decade. In 2023, production stood at 14.78 thousand metric tons. The production exhibited notable dips and rises since 2013, with a marked decline from 2016 onwards. Notably, the last two years (2023 and 2022) showed a decrease, with year-on-year variations of -5.39% and -5.22%, respectively. Over the last five years, the compound annual growth rate (CAGR) stood at -0.69%, indicating a continuous decline.
Future forecasts suggest a downward trend, with production expected to reach 10.38 thousand metric tons by 2028, reflecting a negative 5-year CAGR of -5.62% and an overall forecasted growth rate of -25.1%. Key aspects to monitor include technological advancements, recycling rates, and market demand shifts.
