In 2023, Brazil imported AC motors, multi-phase, with an output of less than 750 Watts valued at approximately $27.3 million. The forecast data for 2024 to 2028 suggests a steady annual increase in import value, reaching $30.327 million by 2028.
The year-on-year growth rates demonstrate a consistent upward trend. From 2024 to 2025, the increase is 2.2%, followed by 2.1% from 2025 to 2026, 2.0% from 2026 to 2027, and 2.0% from 2027 to 2028. The compound annual growth rate (CAGR) indicates an average annual increase of 2.14% over five years.
Future trends to watch for include:
- Technological advancements in energy-efficient AC motors.
- Potential impacts of import regulations and tariffs.
- Trends in industrial growth and manufacturing that drive motor demand.
- Exchange rate fluctuations affecting import costs.
