In 2023, Brazil's import of flat rolled iron or non-alloy steel, plated or coated with plastics, of a width of less than 600 mm, stood at an actual volume. As we move into the forecasted data for 2024, starting at 6.76 million kilograms, the year-on-year growth rates have been modest. From 2024 to 2025, the import volume is expected to grow by approximately 1.3%, further increasing by about 1.26% from 2025 to 2026, and continuing at similar growth rates until 2028. Over the five-year period until 2028, the compound annual growth rate (CAGR) suggests a stable yet modest upward trend.
In terms of future trends to watch for, factors such as global supply chain dynamics, local demand changes, and developments in both the Brazilian and global steel industries may significantly impact import volumes. Monitoring these factors will be crucial for accurate forecasting and strategic planning.
