The forecast for the import of Ferro-Silico-Manganese to Brazil from 2024 to 2028 shows a slight but consistent declining trend. Starting at 8.7564 million kilograms in 2024, it decreases annually to reach 8.6921 million kilograms by 2028. Compared to 2023 actual figures, which stood at 8.7682 million kilograms, this represents a small downturn. The year-on-year variation gradually narrows, with the Compound Annual Growth Rate (CAGR) reflecting a minor contraction.
Future trends to monitor include global steel production rates, technological advancements in steel manufacturing, and changes in Brazil’s industrial policies. These factors may heavily influence the demand and supply dynamics of Ferro-Silico-Manganese imports.