The import of electric table, desk, bedside, and floor lamps to Brazil has shown a declining trend from 2013 to 2023, with a decrease from 2.4744 million kilograms in 2013 to 1.4609 million kilograms in 2023. Year-on-year variations indicate volatility, with significant drops in 2014 (-17.35%) and 2016 (-16.07%), punctuated by occasional increases like in 2017 (7.12%) and 2021 (18.75%). The last two years observed a more moderate decline with -1.43% in 2022 and -1.42% in 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) stood at -1.44%.
Future forecasts predict a continued decline in imports, with an expected CAGR of -1.24% from 2023 to 2028, projecting a volume decrease to 1.3508 million kilograms by 2028.
Trends to watch for in the future include shifts in consumer preferences towards more energy-efficient lighting solutions, potential changes in trade policies, and economic factors influencing import demands.
