Forecast: Industrial Machinery Value Added in Brazil

The industrial machinery value added in Brazil experienced significant fluctuations from 2013 to 2023. Starting at 22.13 units in 2013, the value generally declined, reaching its lowest point in 2020 and 2021 at 13.59 units. A notable recovery occurred with a 21.29% increase in 2022 and a 4.35% increase in 2023, bringing the value to 17.21 units. Although the Compound Annual Growth Rate (CAGR) over the past five years was -0.31%, future projections indicate stabilization and slight growth, with a forecasted CAGR of 0.01% from 2024 to 2028.

Future trends to watch for:

• Technological advancements driving efficiency and value addition.
• Economic policies impacting industrial growth and investments.
• Global supply chain dynamics and their effect on the machinery sector.