Forecast data for the import of flat rolled iron or non-alloy steel painted, varnished or coated with plastics of a width of 600 mm or more to Brazil shows a steady increase from 2024 to 2028. In 2023, the volume stood at 113 million kilograms. The year-on-year growth rates from 2024 to 2028 are projected as follows: 3.26% in 2025, 3.09% in 2026, 2.93% in 2027, and 2.80% in 2028. This represents a compound annual growth rate (CAGR) of approximately 2.96% over the five-year period from 2023 to 2028.
Future trends to watch for include:
- Potential changes in Brazil's import policies which may affect trade volumes.
- Fluctuations in global steel demand and prices impacting import levels.
- Technological advancements in steel coating materials influencing consumer preference.
