In 2023, Brazil's import of textile fabric impregnated, coated, covered, or laminated with plastics stood at 2.1817 million kilograms. The forecasted data from 2024 indicates a downward trend, with imports decreasing from 2.1414 million kilograms in 2024 to 1.995 million kilograms in 2028. This represents a steady decline in demand, with year-on-year decreases of approximately 1.76% from 2024 to 2025, 1.76% from 2025 to 2026, 1.75% from 2026 to 2027, and 1.75% from 2027 to 2028. Over the five-year forecast period, the CAGR (Compound Annual Growth Rate) is negative, indicating an average annual decrease.
Future trends to watch for include the impact of global economic conditions on Brazil's import capabilities and local textile industry initiatives aimed at increasing domestic production. Environmental regulations around plastic usage and sustainable materials may also influence future import volumes. Technological advancements in fabric production and coating could alter demand patterns, as well.
