The import of aluminium casks, drums, cans, and boxes to Brazil is forecasted to decline consistently from 2024 to 2028. In 2023, the value stood at a higher level, indicating a considerable shift in import dynamics. The year-on-year decline ranges from approximately 9% to 11% annually, reflecting a steady reduction in import value. Over the five-year period, this translates to a notable compound annual growth rate decline, suggesting a continuing downward trend.
Future trends to watch for include:
- Possible shifts in local production or changes in trade policies impacting imports.
- Fluctuations in global aluminium prices that could alter import costs.
- Economic conditions in Brazil that might influence demand and purchasing power.