The import of personal deodorants and antiperspirants to Brazil is set to experience a steady decline from 2024 to 2028. In 2023, the imports stood approximately at 80.655 million USD. By 2024, forecasted imports will drop to 74.24 million USD. This trend continues with an annual decrease, reaching 57.429 million USD by 2028. Year-on-year, this represents a progressive decline with 6% in 2025, 6.1% in 2026, 6.3% in 2027, and 6.6% in 2028.
Key observations based on the analysis:
- 2025: Expected value decrease to 69.909 million USD, a reduction of approximately 5.8% from 2024.
- 2026: Further decline to 65.665 million USD, about a 6% drop from 2025.
- 2027: Imports reduce to 61.505 million USD, marking a 6.3% decrease from 2026.
- 2028: Value will further drop to 57.429 million USD, around 6.6% lower than in 2027.
Future trends in the market to monitor include shifts in consumer preferences, economic conditions affecting disposable income, and potential changes in import tariffs or regulations. Sustainable and eco-friendly product demands may also influence the market dynamics significantly.