Brazil's export of asbestos has been forecasted with a noticeable decline from 2024 to 2028. The volume is expected to decrease from 88.385 million kilograms in 2024 to 80.482 million kilograms in 2028. In 2023, the actual export volume stood slightly higher, shaping the downward trend for the upcoming years. Analyzing the year-on-year variation, the decrease is observed at approximately 2.3% each year, indicating a steady decline. Over the last two years, the average annual variation has been around -2.3%. The cumulative average growth rate (CAGR) over the last five years settles at -2.3%, reinforcing the consistent downward trend.
Future trends to watch include regulatory changes regarding asbestos use, global demand shifts especially in industries like construction and automotive, and potential advancements in alternative materials which could further impact the export volumes. Keeping an eye on these factors will be crucial for long-term forecasting beyond 2028.
