In 2024, the forecasted import value of asbestos brake linings and pads to Brazil is 14.848 million US dollars. This figure represents a decrease from the estimated value of 15.673 million US dollars in 2023. By 2025, the import value is predicted to decline further to 14.032 million US dollars, followed by 13.233 million US dollars in 2026. The downward trend continues with 12.45 million US dollars in 2027 and 11.682 million US dollars by 2028.
The year-on-year forecasted variations indicate a consistent decline: from 2024 to 2025, there is a decrease of approximately 5.5%; from 2025 to 2026, a decline of around 5.7%; from 2026 to 2027, about 5.9%; and from 2027 to 2028, about 6.2%. The Compound Annual Growth Rate (CAGR) for the five years from 2024 to 2028 suggests an average annual decrease of roughly 5.8%.
Future trends to watch for include potential regulatory changes affecting asbestos products, advancements in alternative materials for brake linings and pads, and shifts in the automotive industry's supply chain dynamics that may further impact import levels.
