In 2023, the import of aluminium ores and concentrates to Brazil stood at approximately 202 million kilograms. From 2024 onwards, a steady increase is forecasted, with the volume expected to reach 241.69 million kilograms by 2028. The year-on-year growth rates from 2024 to 2028 show a consistent upward trend, ranging from 3.9% to 3.3%. This demonstrates a healthy demand trajectory for aluminium ores and concentrates, with a compound annual growth rate (CAGR) of approximately 3.5% over these five years.
Future trends to monitor include potential shifts in global aluminium supply and demand dynamics due to evolving energy and infrastructure needs, transportation costs, and any new environmental regulations or trade policies that could impact the aluminium market globally and within Brazil's import strategy.
