In 2023, Brazil imported 18.376 million kilograms of refractory cements, mortars, and concretes (excluding graphite). Forecast data suggests a stable growth, inching up from 18.394 million kilograms in 2024 to 18.466 million kilograms in 2028. The year-on-year percentage growth is marginal at around 0.1% for each subsequent year. The compound annual growth rate (CAGR) over the five-year period indicates a steady, albeit slow, import increase.
Future trends to watch include potential impacts from global economic conditions, technological advancements in refractory materials, and changes in Brazil's industrial policy, which may influence import behaviors and market dynamics.
