In 2023, Brazil imported 20 million kilograms of aluminium wire with a thickness exceeding 7 mm. The forecast data for 2024 to 2028 shows a gradual increase in imports. Specifically, imports are expected to rise from 20.65 million kilograms in 2024 to 22.372 million kilograms by 2028. The year-on-year growth from 2024 to 2028 reflects a steady increase, demonstrating an average annual growth rate (CAGR) over the five-year period.
Future trends to watch for include:
- Fluctuations in demand from manufacturing sectors using aluminium wire.
- The impact of trade policies and tariffs on import costs.
- Advancements in recycling technology affecting new aluminium production and imports.
- Changes in the global aluminium market, including price and availability.