The forecast for the import of pneumatic power engines and motors, except linear acting, to Brazil indicates a gradual decline from 2024 to 2028, with volumes projected to reduce annually by around 0.30%. For context, the actual import volume in 2023 stood at approximately 406.7 thousand kilograms. Therefore, the year-on-year change from 2023 to 2024 is a decrease of 0.22%. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a subtle yet continuous downtrend in imports.
Future trends worth noting include:
- The potential impact of technological advancements in pneumatic systems, which might alter import demand.
- Fluctuations in Brazil's industrial sector that could drive either increased imports or domestic production.
- Changes in trade policies and international relations that might affect import volumes.