In 2023, the import of non-refractory mortars and concretes to Brazil stood at 3.049 million kilograms. The forecast for 2024 shows no change as it remains at 3.049 million kilograms. From 2025 to 2028, imports are expected to increase annually, with values of 3.1298, 3.2089, 3.2864, and 3.3624 million kilograms respectively.
Key trends and observations include:
- Year-on-year growth is projected, with the annual growth rate averaging through the forecast period.
- The anticipated compound annual growth rate (CAGR) over the five-year period (2024-2028) reflects modest growth.
Future trends to watch for include economic factors influencing construction demand, currency fluctuations impacting import costs, and potential policy changes affecting import regulations. Additionally, technological advancements in construction materials may influence import needs and trends.
