In 2023, the import of lumber such as Baboen, Mahogany, Imbuia, and Balsa to Brazil was stable. Forecast data for 2024 predicts an import value of 23.244 million US dollars, with a consistent year-on-year increase. By 2028, imports are projected to rise to 25.867 million US dollars, showing an overall positive growth trend.
Year-on-year variations indicate a steady annual growth rate. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests an upward trajectory, demonstrating strong demand and market expansion for these types of lumber in Brazil.
Future trends to watch for:
- Potential changes in global trade policies affecting import tariffs and costs.
- Fluctuations in demand based on the construction and furniture industries.
- Environmental regulations impacting the sourcing of sustainable lumber.
- Currency exchange rate shifts affecting import expenses.
