The import forecast of horizontal numerically controlled metal work lathes to Brazil shows a continued decline from 773.61 thousand kilograms in 2024 to 301.86 thousand kilograms by 2028. Compared to the actual import volume in 2023, this represents a significant downturn, beginning with an initial reduction of 15.7% in 2025, followed by a 18.2% decrease in 2026, a further 21.9% drop in 2027, and a 27.5% fall in 2028. This indicates a Compound Annual Growth Rate (CAGR) reflecting a negative trend over the five-year span.
Future trends to watch for:
- Shifts in Brazil’s industrial policy or economic conditions that might influence import needs.
- Technological advancements in local production or alternative machinery.
- Trade agreements affecting cost-competitiveness of imports.