The forecast for Brazil's import of cooking appliances for liquid fuel made of iron or steel shows a consistent decline from 2024 to 2028. In 2023, the value stood at 700 thousand US dollars. The forecasted value is $684.42 thousand US dollars in 2024, dropping by approximately 2.32% from the preceding year. From 2024 to 2028, a year-on-year decline is observed, with an average contraction of around 2.36% annually, calculated as a CAGR over the forecast period.
Future trends to watch for include increasing domestic production capabilities, shifts in consumer preferences toward alternative energy sources, and regulatory developments affecting import duties or environmental compliance for cooking appliances. These factors may further influence demand and import levels in the upcoming years.
