As of 2023, Brazil imported approximately 21.9 million kilograms of electric motors with an output not exceeding 37.5 watts. Forecasted data indicates a consistent growth in import volumes, reaching 22.317 million kilograms by 2024 and continuing upward to 24.05 million kilograms by 2028. This represents an average annual growth rate of approximately 1.83%, demonstrating a steady demand trend in this sector.
Year-on-year growth:
- 2024: 1.9%
- 2025: 2.0%
- 2026: 1.9%
- 2027: 1.8%
- 2028: 1.8%
For future trends, monitor advancements in renewable energy and automation technologies, both of which can increase the demand for electric motors. Economic factors and policy changes supporting green technology adoption may also boost import volumes.