The import of dies for drawing or extruding metal to Brazil is forecasted to decrease gradually from 2024 to 2028. In 2023, it stood at 21,000 kilograms, serving as a reference point. Compared to 2023, the projected figures for 2024 represent a decrease of approximately 0.95%. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual decline of around 3.5% in volume.
Future trends to watch for include:
- The impact of Brazil's industrial policy changes on imports.
- Potential developments in local production capabilities reducing import demand.
- Global economic factors influencing raw material sourcing and pricing.
