The number of establishments in Brazil’s Manufacture of Basic Precious and Other Non-Ferrous Metals sector is forecasted to decline steadily from 2024 through 2028. In 2023, this sector had 754 establishments. The forecast shows a decrease in establishments to 733.63 by 2028. Year-on-year, the decline is approximately 0.55% from 2024 to 2028. Over five years, the compound annual growth rate (CAGR) indicates an average annual decrease of approximately 0.56%.
Future trends to watch for include potential technological advancements that could significantly alter the sector’s structure. Also, global metal price fluctuations and Brazil’s economic policies could impact the number of establishments in this sector.
