In 2023, the import volume of starter motors to Brazil stood at an estimated baseline of slightly above 3.43 million kilograms, reflecting stability in the automotive import sector. The forecast data from 2024 to 2028 indicates a gradual decline in import volumes with a slight year-on-year decrease, averaging around 1.4% per annum, leading to a 5-year CAGR of approximately -1.4%. This consistent decrease points towards a shift in domestic production capabilities or altering demand dynamics.
Future trends to watch include potential modifications in trade agreements, advancements in local manufacturing technology, and the evolution of electric vehicles that may further influence the demand for traditional starter motors.
