The forecasted import of zinc ores and concentrates to Brazil shows a consistent year-on-year growth from 2024 to 2028, beginning at 229.74 million kilograms and incrementally rising to 235.15 million kilograms by 2028. The forecasted annual growth rate remains modest, with a slight increase in import capacity each year.
In 2023, the volume stood at approximately the 2024 level, marking the beginning of this modest growth trajectory. This indicates a stable demand for zinc concentrates, suggesting that Brazil is continuing to leverage these imports for its industrial needs.
Future trends to watch for include potential changes in global zinc mining capacity, shifts in trade relations affecting tariffs or import regulations, and domestic Brazilian market conditions that could impact zinc demand. Any economic factors influencing the construction and manufacturing sectors might also affect these forecasts.
