In 2023, Brazil imported natural graphite in powder or flakes at a specific volume, prior to entering the forecast horizon in 2024. From 2024 to 2028, the import volume shows a consistent decrease, dropping from 378.84 thousand kilograms in 2024 to 347.2 thousand kilograms in 2028. This decline reflects a year-on-year reduction, with notable decreases each year from the previous year. The compounded annual growth rate (CAGR) over this period suggests an average decline in import volumes.
Future trends to watch for include:
- Market shifts in demand for graphite across industries, particularly in electric vehicles and battery technology.
- Changes in domestic production capacities potentially impacting import needs.
- Global price fluctuations and geopolitical factors affecting supply chains.
