In 2023, Brazil imported corks and crown of base metal amounting to approximately 5.2 million kilograms. The forecast for 2024 indicates a 5.5% increase over the previous year, with subsequent annual growth rates around 5% towards 2028, reaching 6.6 million kilograms. The compound annual growth rate (CAGR) from 2023 to 2028 is anticipated at approximately 5.6%, suggesting steady growth in this sector.

Future trends to watch for:

Potential changes in trade policies impacting import costs and volumes.
Technological advancements that could alter demand for traditional corks and metal crowns.
Environmental regulations encouraging sustainable packaging options, possibly affecting material preferences.