The import of parts for domestic non-electric thermic appliances to Brazil is projected to rise from 3.7741 to 4.3556 million kilograms between 2024 and 2028. This reflects a steady yearly growth, with year-on-year increases ranging from approximately 4% to 5%. The compound annual growth rate (CAGR) over this forecast period is expected around 3.6%, indicating a consistent upward trend.
In 2023, imports were reported lower than the 2024 forecast, signifying a post-pandemic recovery in demand. This indicates a robust growth trajectory as Brazil pivots towards greater manufacturing and domestic appliance consumption.
Future trends to watch include:
- The impact of global supply chain fluctuations and international trade policies on import patterns.
- The potential shift towards more energy-efficient or alternative thermic solutions as environmental regulations tighten.
- Technological advancements in domestic appliances that may affect parts import dynamics.