The forecasted import values of bicycle pedals, crank-gears, and parts to Brazil show an upward trend from 2024 to 2028. The imports are set to increase from 20.185 million USD in 2024 to 22.645 million USD by 2028. This indicates a steady year-on-year growth in the entire period.
Analyzing the percentage variation: ・ From 2024 to 2025, there is a 3.14% increase. ・ From 2025 to 2026, the rise is 2.98%. ・ From 2026 to 2027, the growth rate is 2.84%. ・ From 2027 to 2028, the increase is 2.70%.
There is a consistent rising pattern with an average annual growth rate (CAGR) of approximately 2.91% over the analyzed five years. Prior to this period, in 2023, the imports stood at 19.580 million USD.
Future trends to watch for include the potential impact of new trade policies, shifts in global supply chains, and the increasing popularity of cycling as both a recreational activity and a sustainable mode of transport. These factors could potentially influence import dynamics and market demand in Brazil.
