Forecast: Import of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Less Than 600 mm Not Clad, Plated or Coated to Brazil

The import value of flat-rolled iron or non-alloy steel products to Brazil, with a width less than 600 mm, uncoated, is expected to decline steadily from $12.824 million in 2024 to $9.7799 million by 2028. This trend suggests a downward trajectory over the five-year period, recording a Compound Annual Growth Rate (CAGR) indicating a gradual reduction year-on-year. As of 2023, the baseline was not specified, but the forecast suggests a continual decrease in demand or price adjustments.

Future trends to watch for include:

• Potential influences of global steel market conditions impacting supply and demand.
• Brazil's domestic production capacity and policies impacting import needs.
• Economic factors such as currency fluctuations and trade agreements that could reshape trade dynamics.