In 2023, Brazil imported 2.4144 million kilograms of bar, rod, and profiles of copper-zinc base alloys. The forecast from 2024 indicates a gradual decline in import volume, with a year-on-year decrease of approximately 2.39% in 2024, followed by marginal reductions each year until 2028. By 2028, the import volume is expected to fall to 2.1386 million kilograms. The cumulative annual growth rate (CAGR) from 2024 to 2028 is projected at -2.05%, reflecting a consistent downward trend over this period.
Future trends to watch for include:
- Fluctuations in global copper-zinc alloy prices, which could impact Brazil's import strategy.
- Technological advancements in alloy usage that might alter demand patterns.
- Domestic production capabilities potentially replacing some import needs.
