Import values of Builders Joinery and Carpentry of Wood to Brazil have significantly declined from 2013 to 2023, starting at 9.4478 million US dollars in 2013 and falling to 1.2598 million US dollars in 2023. Year-on-year variations highlight substantial fluctuations, including a sharp drop in 2015 (-56.79%) and consistently declining figures in later years, notably -26.15% in 2020 and -15.36% in 2023. The CAGR for the past five years shows a sustained downturn at -11.36%.
Going forward, the forecast for the next five years predicts a dramatic decrease in import values, culminating in just 0.06058 million US dollars by 2028. This represents a forecasted five-year CAGR of -42.95% and an overall decline rate of -93.96% from 2023 to 2028.
Future trends to watch for include:
-Further economic conditions in Brazil that may impact import capabilities and needs.
-Potential shifts in global wood supply chains and market dynamics.
-Developments in sustainability and local production capacities.
-Technological advancements that could alter the demand for imported joinery and carpentry products.
