As of 2023, the import of unwrought nickel to Brazil was valued at $82 million. Forecasts for the coming years indicate a steady increase, with values projected to reach $88.816 million by 2028. The predicted year-on-year growth shows incremental gains: 1.7% in 2025, 1.6% in 2026, 1.6% in 2027, and 1.5% in 2028. The compound annual growth rate (CAGR) over the forecasted five-year span is determined to be approximately 1.5%, showcasing a consistent upward trend in imports.

Future trends to watch for include:

Global nickel price fluctuations affecting import costs.
Brazil's industrial demand for nickel in sectors like electronics and battery production.
Policies related to mining and environmental regulations influencing local supply and imports.
Technological advancements potentially altering the demand for refined versus unwrought nickel.