In 2023, the import value of electric lamps and lighting fittings to Brazil stood at 94.21 million USD. Starting in 2024 through 2028, the forecasted import values show a steady growth: 96.428 million USD in 2024, 98.843 million USD in 2025, 101.21 million USD in 2026, 103.53 million USD in 2027, and 105.8 million USD in 2028.
Year-on-year variation in percentages highlights the following trends:
• 2024: +2.35%
• 2025: +2.50%
• 2026: +2.39%
• 2027: +2.29%
• 2028: +2.20%
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.34%, indicating a moderate and consistent upward trend in import values for electric lamps and lighting fittings.
Future trends to watch for include advancements in energy-efficient lighting technologies, potential shifts in import tariffs and trade regulations, and broader economic conditions in Brazil affecting consumption and demand for imported lighting products.