The import value of merely cut granite to Brazil has been decreasing from $96.68K in 2024 to an anticipated $64.1K by 2028. This reflects a cumulative decrease of approximately 33.7% over the forecasted period. In contrast, the market reported an import value of roughly $104.98K in 2023. The year-on-year analysis predicts a consistent downward trend, indicating a decreasing demand or increased domestic production capabilities. The compound annual growth rate (CAGR) over these five years is estimated to be negative, further highlighting the downturn in import value.
Future trends to monitor include shifts in global granite prices, changes in Brazil’s domestic granite production capacity, and potential tariff adjustments impacting import feasibility. Additionally, environmental policies may influence the granite market dynamics, potentially accelerating the decline in imports as sustainability becomes a more emphasized concern.
