The data indicates a volatile trend in secondary copper smelting production in Brazil, peaking at 50.5 thousand metric tons in 2014 and steadily declining thereafter. By 2023, the production stood at 10.85 thousand metric tons, with a steep forecasted decline to 3.16 thousand metric tons by 2028.
Year-on-year analysis shows significant fluctuations, with notable declines of 38.31% in 2018 and 24.67% in 2020. The last two years, 2023 and 2024, exhibited decreases of 11.95% and 11.65%, respectively. The compounded annual growth rate (CAGR) over the past five years reflects an average annual decline of 19.31% with an overall drop of 65.79% projected by 2028.
Future trends to watch include the global transition to sustainable production methods, potential policy changes affecting metal recycling, and economic factors influencing the demand for secondary copper. Focus on technological advancements in smelting processes and shifts in global copper supply chains will also be critical.
