Research and Markets: Opportunities in Brazil Aluminium Market - recycling and consumer demand drive huge growth

Brazil is one of the rapidly growing aluminium markets in the Latin American region. The country has witnessed a continuous rise in the demand and import of aluminium. Consequently, the country's aluminium consumption has gone up by 8% between 2005 and 2010.Owing to its developing economy and a huge demand for aluminium among the consumers, the production of aluminium in the country has increased and reached approximately 1.54 million tonnes in 2010.
The recycling rates of aluminium in the Brazil are highest globally which also contributes to the growth of the industry. The recycling rates of drinking cans in Brazil almost reached 100% in 2009 (highest on the global level).
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