The import of furniture parts to Brazil has witnessed a decline from 2013 to 2023, decreasing from $17.512 million to $9.9637 million. The trend indicates an overall downward trajectory, with significant drops between 2013 and 2017, where imports fell by more than 44%. From 2021 to 2023, the year-on-year variations have stabilized, showing marginal declines of around 0.24%, suggesting that the market has become less volatile. Considering the forecasted data from 2024 to 2028, the CAGR over the next five years is expected to be -0.2%, indicating a continued slight decline. The average annual variation over the last five years has been minimal (approximately 0.29%), reflecting market stabilization.
Future trends to watch for include potential shifts in global trade policies, changes in domestic manufacturing capabilities, economic fluctuations, and consumer demand in Brazil that might impact import levels. Additionally, sustainability trends and innovations in furniture production could influence import dynamics significantly.