The data on the import of articles of asphalt or similar material to Brazil from 2024 to 2028 shows a consistent decline in value. The value, expressed in million US dollars, is 3.4225 in 2024, dropping to 3.0008 in 2025, and further to 2.5875 in 2026, 2.1824 in 2027, and 1.7855 in 2028. The year-on-year variation shows a negative trend, with 2025 having approximately a -12.34% decrease from 2024, followed by -13.78% in 2026, -15.63% in 2027, and -18.19% in 2028. The compound annual growth rate (CAGR) indicates an average annual decline of approximately -15.33% over the 5-year period.
The contraction observed in imports may suggest decreasing reliance on foreign articles of asphalt or similar materials, potentially due to increased domestic production or substitution of materials. Factors to watch include shifts in Brazil’s infrastructure projects, changes in trade policies, and advancements in alternative materials that could affect future import trends significantly.
