Forecast: Import of Fire Extinguishers to Brazil

Based on data provided, the import of fire extinguishers to Brazil is forecasted to decrease slightly over the next five years from 2024 to 2028. The value decreases marginally from 8.68K in 2024 to 8.64K in 2028, with a year-on-year variation of approximately -0.12% consistently each year. This indicates a very stable but slightly declining trend. In 2023, the actual import value stood at 8.69K, showing a minimal variation over the preceding years. The two-year average variation suggests a very slight decline, whereas the five-year compound annual growth rate (CAGR) confirms the minimal downward trend.

Future trends to watch for include changes in Brazil's industrial regulations, potential new safety standards, advancements in fire extinguisher technology, and possible shifts in international trade policies that might affect import costs and demand.