In 2023, the import volume of aluminium alloys wire of a thickness exceeding 7 mm to Brazil was higher than the forecasted volumes ranging from 2024 to 2028, indicating a declining trend in the forecast period. Year-on-year, there is a noticeable decrease in import volumes, with the greatest percentage reduction expected from 2027 to 2028. The compound annual growth rate (CAGR) over these forecasted years suggests a consistent average decline annually.

Future trends to watch include:

Potential impacts of technological advancements in alternative materials, influencing demand.
Trade policy changes between Brazil and key exporting countries.
Adjustments in Brazil’s domestic aluminium production that may affect import needs.