As of 2023, the import value of refrigerating or freezing furniture to Brazil has been steadily decreasing. In 2024, the forecasted value stands at 59.22 thousand, experiencing a consistent year-on-year decline through 2028, where it arrives at 57.21 thousand. The year-on-year variations reveal a slight decrease annually, indicating a shrinking market trend. The compound annual growth rate (CAGR) over the five-year period signals a gradual downturn.
Future trends to watch for:
- Potential impact of new energy regulations on import volumes, possibly driving demand for more efficient models.
- Currency fluctuations affecting import costs and influencing market dynamics.
- Technological advancements in refrigeration potentially altering product demand.