In 2023, Brazil's import of non-monetary gold in semi-manufactured forms stood at a specific base from which the forecast for 2024 shows an increase to 209.78 kg. This trend, however, reverses in subsequent years with a forecasted annual decline to 197.06 kg in 2025, followed by reductions to 184.6 kg in 2026, 172.39 kg in 2027, and finally 160.43 kg in 2028. Year-on-year, this signifies a consistent decrease, reflecting a noteworthy downward trend from 2024 to 2028.

Future trends to watch include:

Global economic conditions affecting demand for gold.
Inflation and currency fluctuations impacting import decisions.
Brazil’s domestic policy on gold imports and potential changes in trade agreements.
Technological advancements or shifts in industrial demand for gold.