The forecasted import value of new pneumatic tyres for buses or lorries into Brazil exhibits a gradual decline from 2024 to 2028, moving from $239.56 million to $230.39 million. Compared to actual data from 2023, when imports stood at approximately $241 million, this reflects a consistent downward trend. Year-on-year variations indicate a slight decrease averaging around 2-3% per annum. The compound annual growth rate (CAGR) from 2023 to 2028 emphasizes a negative growth trajectory. This suggests a moderate contraction in import volumes, possibly due to shifts in domestic production or market demands.

Future trends to watch for include:

Potential shifts in trade policies affecting import tariffs and costs.
Technological advances in tyre manufacturing that may impact local production competitiveness.
Macroeconomic factors like currency fluctuations or economic growth affecting purchasing power.