The import of diesel engines for motor vehicles to Brazil in 2023 stood at 167.75 thousand units. From 2018 to 2023, values grew at a modest average annual rate (CAGR) of 1.49%. The trend shows fluctuations, with significant drops noted in 2014 (-19.59%) and 2020 (-15.14%), but also noticeable growth spurts in 2017 (46.05%) and 2021 (16.91%). Over the last two years, growth was positive but moderate, with year-on-year increases of 7.43% in 2022 and 1.98% in 2023.
Future trends:
- The forecast for 2024-2028 suggests a steady annual growth rate of approximately 1.53% CAGR.
- By 2028, imports are expected to grow by 7.91% compared to 2023 levels, indicating a stable but slow upward trajectory.
- Factors to watch include changes in national energy policies, advancements in alternative fuel technologies, and economic conditions impacting the automotive sector.