In 2023, Brazil imported 491.23 thousand kilograms of locks used for furniture made of base metal. The forecast data from 2024 to 2028 indicates a steady annual growth trend in import volumes, with an increase from 496.86 thousand kilograms in 2024 to 520.16 thousand kilograms in 2028. This equates to a compound annual growth rate (CAGR) of approximately 1.15% over the five-year period. Year-on-year variations show marginal increases, reflecting a stable yet modest upward trend in import demand.

Future trends to watch for include:

Potential shifts in global base metal prices, which could influence import volumes and costs.
Brazilian economic policy changes and their impact on domestic furniture manufacturing demand.
Technological advancements in lock mechanisms that might affect import preferences.