From 2013 to 2023, the import of precious metal ores and concentrates in Brazil showed significant fluctuations and an overall downward trend with periodic recoveries. The highest import value was recorded in 2014 with substantial growth, followed by a notable decline. The recent years indicate a decline with minor year-on-year variations, exemplified by a 1.97% decline in 2023. The last five years see a slight average annual decline at a CAGR of -0.85%, reflecting a relatively stable yet marginally decreasing trend.
Looking ahead, imports are projected to continue declining, with a forecasted 1.77% average annual reduction (CAGR) over the next five years, culminating in an 8.53% overall decrease by 2028. Key factors for future trends include global market fluctuations, domestic mining output variations, and international trade policies.
