In 2023, the import of diesel-powered buses to Brazil was benchmarked at 7.9 million kilograms. Looking forward, the forecast data from 2024 to 2028 suggests a gradual decline in import volume. Specifically, the import volume is anticipated to decrease from approximately 7.85 million kilograms in 2024 to about 7.67 million kilograms in 2028. This marks a consistent downward trend with a slight average annual decrease. The year-on-year percentage decrease is modest, slowly reducing by roughly 0.6%-0.7% each year. Looking at the five-year horizon, the compound annual growth rate (CAGR) indicates a slow but steady contraction.
Future trends to monitor include:
- Increased adoption of alternative fuel technologies impacting diesel bus imports.
- Policy developments in emissions regulations potentially accelerating this decline.
- Market shifts towards domestic production of buses, reducing dependency on imports.