Between 2013 and 2023, Brazil's import of diesel-powered buses showed significant fluctuations. The value in 2023 stood at 112.12 million USD. After a steep drop from 2014 to 2016, the market rebounded between 2017 and 2022. More specifically, the market demonstrated a growth phase from 2017 to 2018 and subsequent stabilization from 2019 to 2023, amid minor variations. The last two years saw only a marginal increase in the dollar value (0.079% in 2023), suggesting a plateau. The 5-year CAGR by 2023 was -2.04%, indicating a slight decline.
Looking ahead, forecasted data from 2024 to 2028 indicates marginal positive growth with an average forecasted 5-year CAGR of 0.08%. The market appears to stabilize further, with slight incremental value increases. Future trends to monitor include shifts in regulatory policies, alternative fuel vehicles adoption, and economic factors influencing import dynamics.
