In 2023, the import value of unglazed ceramic flags less than 7 cm wide to Brazil stood at a higher amount, reflecting a contracting trend over the following years. From 2024 through 2028, forecasts show a consistent drop in imports, indicating a year-on-year decline in demand by an average of 10% annually. The compound annual growth rate (CAGR) over these five years emphasizes the progressive negative trend, averaging around -10% per year.
Future trends to watch for include:
- Potential impact of domestic production rising as a substitute for imports.
- Shifts in global supply chain dynamics or import tariffs affecting prices and demand.
- Emerging technological advancements in ceramic manufacturing enhancing product qualities.
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