In 2023, Brazil's import of pure aluminium plate, sheet, and strip stood at 11 million US dollars. The forecasted data from 2024 to 2028 shows a steady growth in imports, with an annual increase in value from 11.318 to 12.039 million US dollars.
The year-on-year growth rate between 2024 and 2025 is approximately 1.64%, and between 2025 and 2026 is 1.58%. In the following years, from 2026 to 2027, the increase is around 1.52%, and from 2027 to 2028, the growth is slightly less at 1.47%. The compound annual growth rate (CAGR) projected over these five years averages about 1.55%.
Looking forward, Brazil's industrial and manufacturing sectors will heavily influence aluminum import trends. Factors such as global aluminum price fluctuations, domestic production capacities, and government trade policies could impact import levels. Additionally, developments in infrastructure and emerging technologies could drive demand higher.