In 2023, Brazil imported $5.6 million worth of fixed power capacitors. The forecast suggests a notable decline in imports, starting at $2.839 million in 2024 and dropping to just $0.059 million by 2028. From 2024 to 2025, imports are expected to decrease by approximately 25.2%, continuing a downward trajectory with the Compound Annual Growth Rate (CAGR) reflecting a substantial reduction over the five-year period.
Future trends to watch for include:
- Emerging energy-efficient technologies potentially reducing the need for capacitor imports.
- Local production capabilities could lead to a decrease in import reliance.
- Macro-economic shifts and trade policies impacting import logistics and costs.