The import of induction or dielectric industrial electric furnaces and ovens to Brazil reached an actual value of 135.90 thousand kilograms in 2023. A declining trend is forecasted with the volume decreasing sharply by 21% in 2024 compared to the previous year, followed by a consistent downward trajectory. In 2025, the import volume further contracts by approximately 20.7%, with subsequent years continuing this decline. The compound annual growth rate (CAGR) for the 2024-2028 period is projected to be around -25.1%.
Future trends to watch for include the impact of local industrial advancements, economic policy changes, and Brazil’s initiatives towards technological self-sufficiency. Import dynamics could also be influenced by global trade relations and the rising adoption of alternative technologies.
