In 2023, the import of motor vehicle chassis fitted with engines to Brazil stood at 0.71287 million kilograms. This figure marks a decrease of 7.55% from the previous year, continuing a declining trend observed over the past two years, with a compound annual growth rate (CAGR) of -9.54% from 2019 to 2023. Over the last five years, the import volumes have shown significant fluctuations, notably a sharp decline in 2015 and a recovery in 2017, followed by a general downward trend.
Looking at forecasts from 2024 to 2028, the volumes are expected to continue diminishing, with an anticipated five-year CAGR of -8.85%, resulting in a 37.09% reduction by the end of 2028. This prolonged decline suggests structural issues in demand or shifts in supply chain dynamics.
Future trends to watch for:
- Industry adaptation to new automotive technologies such as electric vehicles may impact import volumes.
- Changes in trade policies or tariffs between Brazil and exporting countries could influence future trends.
- Domestic production capacity and investments might alter the necessity for imports.
- Economic conditions in Brazil which could impact overall automotive demand.
