The import of wool not carded or combed to Brazil is forecasted to grow steadily from 2024 to 2028. In 2023, the import value stood at an estimated 2.17 million USD. From 2024 to 2025, the projected year-on-year increase is approximately 3.69%. This trend continues, with an incremental rise observed each subsequent year, culminating in a cumulative annual growth rate (CAGR) of approximately 3.36% over the five-year period from 2024 to 2028.
Future trends to watch for:
- Regional trade agreements that may affect wool import tariffs.
- Global wool supply chain dynamics influenced by environmental and geopolitical factors.
- Evolving fashion industry demands which could impact the volume and variability of imports.