The forecasted import volumes of agricultural sprays and powder dispersers to Brazil from 2024 to 2028 indicate a consistent decline. The import volume in 2023 stood as the benchmark before these forecasts, at a notably higher level. Year-on-year, the forecast shows shrinking volumes with percentages reflecting negative growth: a possible decrease of approximately 5.7% from 2024 to 2025, 6.0% from 2025 to 2026, 6.2% from 2026 to 2027, and 6.5% from 2027 to 2028. Over a five-year period, the compound annual growth rate (CAGR) is negative, suggesting an average annual decrease in import volumes.
Future trends to monitor include:
- Technological advancements in agricultural sprays and powder dispersal tools, potentially affecting import demand.
- Brazil's domestic production capabilities and policy changes that might influence import levels.
- Environmental regulations and shifts in agricultural practices impacting the use of such products.