In 2023, Brazil's import of agricultural sprays and powder dispersers was projected at approximately 38.5 million USD. Based on the forecasted data from 2024 to 2028, there is a consistent downward trend in imports, with a decline from 37.367 million USD in 2024 to 33.153 million USD in 2028. Year-on-year percentage decreases from 2024 to 2025 and from 2025 to 2026 are approximately 2.9% each, with a further decline projected over the subsequent years. The five-year compounded annual growth rate (CAGR) reflects a steady reduction in import volumes by around 3% annually.
Future trends to watch for include:
- Potential impacts of trade regulations on agricultural imports.
- Technological advancements in local agricultural solutions reducing the need for imports.
- Shifts in global supply chain dynamics and their effect on pricing and availability.
- Environmental policies influencing the use of agricultural sprays and dispersers.