In 2023, Brazil imported 19 million kilograms of cold-rolled stainless steel with a width of 600 mm or more and a thickness of 0.5-1.0 mm. The forecast for 2024 shows a 2.34% increase to 19.445 million kilograms. By 2025, imports are expected to rise by 1.51%, reaching 19.739 million kilograms. Continued annual growth is anticipated, with 2026 seeing a 1.46% increase to 20.027 million kilograms, and 2027 a 1.41% rise to 20.31 million kilograms. By 2028, the forecast estimates a 1.36% annual growth reaching up to 20.586 million kilograms. The compound annual growth rate (CAGR) over the five years is estimated at approximately 1.42%.
Future trends to watch for include factors affecting global steel prices, policy changes in Brazil's trade regulations, and the development of domestic production capacity that could impact import dependency. Additionally, shifts in demand related to infrastructure projects and the automotive industry in Brazil may play significant roles in influencing import patterns.
