In 2023, the import value of lamp and lighting fitting parts of plastics to Brazil stood at 3.4956 million USD. For the forecast period from 2024 to 2028, the trend shows a gradual increase in import values. Specifically, the values are predicted as follows: 3.5924 million USD in 2024, 3.6966 million USD in 2025, 3.7987 million USD in 2026, 3.8987 million USD in 2027, and 3.9968 million USD in 2028.
Year-on-year percentage variations show a consistent upward trend:
- From 2024 to 2025: 2.9%
- From 2025 to 2026: 2.8%
- From 2026 to 2027: 2.6%
- From 2027 to 2028: 2.5%
Over the last two years (2023 to 2025), the imports show an average annual growth rate (CAGR) of 2.86%. The five-year CAGR from 2024 to 2028 is approximately 2.7%, suggesting steady market expansion.
Future Trends to Watch:
- Technological advancements in energy-efficient lighting solutions driving demand.
- Fluctuations in raw material prices potentially impacting production costs and import prices.
- Regulatory changes related to environmental sustainability influencing market dynamics.
- Shifts in global trade policies affecting import conditions and tariffs.
