In 2023, the import of molybdenum profiles, sheets or foils to Brazil stood at an actual level. Forecasts for 2024 to 2028 indicate a gradual decline from 2.93 to 2.15 thousand kilograms. This represents a year-on-year decrease, with an average annual decline or Compound Annual Growth Rate (CAGR) over the five-year period. The outlook suggests a consistent downward trend in volume.
Future trends to watch for include:
- Shifts in global molybdenum supply and price fluctuations that may impact demand in Brazil.
- Technological advancements or substitutes that could alter usage patterns in industries relying on molybdenum.
- Changes in trade policies or economic conditions that could influence import volumes.