Forecast: Import of Angles, Shapes and Sections of Stainless Steel Bars and Rods to Brazil

In 2023, the import value of angles, shapes, and sections of stainless steel bars and rods to Brazil stood at 60 million USD. The forecast from 2024 to 2028 shows a steady increase in imports, with an average growth rate of approximately 1.8% per year. From 2024 to 2025, the year-on-year growth is estimated at 2.5%, followed by 2.4% from 2025 to 2026, 2.3% from 2026 to 2027, and 2.2% from 2027 to 2028. The compound annual growth rate (CAGR) over the next five years is projected to be around 2.3%.

Future trends to watch include:

  • Global supply chain developments, which may impact import volumes and prices.
  • The progression of Brazil's domestic infrastructure projects, affecting demand for stainless steel.
  • Potential trade policy changes between Brazil and major steel-exporting countries.

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