The import value of agricultural sprays and powder dispersers to Brazil is forecasted to decline significantly from 2024 to 2028. Starting at $10.338 million in 2024, it is expected to drop to $2.5939 million by 2028, reflecting a noticeable decrease each year. This represents a compound annual growth rate (CAGR) of negative growth, indicating a consistent reduction in import value over these years.
Future trends to watch for include:
- Potential shifts in domestic production capacity or technological advancements that could further reduce dependency on imports.
- Changes in agricultural practices or government policies that may influence demand for these products.
- Market dynamics such as price fluctuations and alternative pest control measures.