Forecast: Number of Establishments in Iron Ore Mining Sector in Brazil

The forecast for the number of establishments in the iron ore mining sector in Brazil from 2024 to 2028 reveals a steady decline—from 155.79 in 2024 to 139.85 establishments in 2028. Given the absence of 2023 data for reference, the forecasted trend indicates a decrease at an average annual rate, yet specific percentage variations remain uncalculated. The five-year period highlights a negative CAGR, emphasizing a consistent reduction in the sector's establishment count.

Future trends to watch for include:

  • Potential regulatory changes affecting the mining industry.
  • Fluctuations in global iron ore demand that could impact Brazil’s mining sector.
  • Technological advancements improving mining efficiencies, possibly altering the number of required establishments.

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