The import of asbestos-cement and cellulose fibre-cement to Brazil has shown substantial fluctuations over the past decade. The actual import value for 2023 stood at $3,104.4 thousand. There was significant growth observed from 2013 to 2015, with values peaking in 2015. The period from 2016 to 2020 saw varying trends, including a notable decrease in 2016 but recovery in the subsequent years. More stability is observed from 2021 onwards.
Year-on-year variation shows a 4.93% increase from 2022 to 2023, reflecting a stabilized market. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 3.95%, indicating moderate growth.
For future trends, the forecast data indicates a steady increase in import value, with a projected CAGR of 3.46% from 2024 to 2028. This suggests a sustained growth pattern, though at a slightly lower rate than the previous five years.
Trends to watch for in the future include:
- Global supply chain impacts and commodity prices
- Regulatory changes and environmental considerations
- Economic stability and construction industry growth in Brazil