The forecasted import volumes of flat rolled iron or non-alloy steel plated or coated with chromium oxides or with chromium and chromium oxides to Brazil are set to steadily increase from 57.713 million kg in 2024 to 64.963 million kg by 2028. Comparing this to 2023 data shows a positive upward trajectory. Year-on-year, the growth rates reflect an increase of approximately 3.2% annually. The compound average growth rate (CAGR) over this five-year forecast period is approximately 3.0% annually.
Future trends to watch for include changes in global trade policies affecting steel imports, fluctuations in raw material prices, and shifts in Brazil’s domestic production capabilities. Technological advancements in chromium coating processes may also influence future import dynamics.
