The import of woven products of iron or steel, except stainless steel, to Brazil shows a gradual increase from 2024 to 2028, beginning with 2.939 million USD in 2024, rising to 3.1423 million USD by 2028.
The year-on-year growth rates indicate modest yet consistent increments: 1.8% from 2024 to 2025, 1.72% from 2025 to 2026, 1.65% from 2026 to 2027, and 1.59% from 2027 to 2028. The compound annual growth rate (CAGR) over this period averages to about 1.69% per year.
In 2023, the import value stood at approximately 2.887 million USD. Note the trend of advancing import values reflective of persistent and escalating demand in Brazil.
Future trends to watch for include potential policy changes impacting trade, fluctuations in global iron and steel prices, and Brazil's industrial demand shifts which could influence these import dynamics further.
