The import of worked marble, travertine, and alabaster to Brazil is forecasted to decline steadily from 2024 through 2028. In 2024, imports are expected to decrease by 6.4% from 2023's level, setting a clear trend of decreasing demand over the subsequent years. The forecasted Compound Annual Growth Rate (CAGR) over the 2024-2028 period is approximately -6.9%, indicating a consistent decline in import volumes.
Future trends to watch for:
- Global economic conditions impacting construction and real estate markets, which significantly influence demand for such materials.
- Potential increase in local production or substitutes reducing import dependency.
- Trade policies and tariffs that could further affect import dynamics in Brazil.