The forecasted import of fresh or wet-salted whole hides and skins of bovine animals to Brazil shows a steady increase from 2024 to 2028. The values rise from $4.0664 million in 2024 to $4.5266 million in 2028, highlighting a consistent growth trend over the five-year forecast period. This represents a compound annual growth rate (CAGR) indicative of a stable industry expansion, propelled by increasing demand and possibly enhanced trade relations or production needs in Brazil.
Future trends to watch for include:
- Potential shifts in international trade policies that may affect import tariffs or regulations.
- Changes in global supply chains that could impact the availability and pricing of these raw materials.
- Environmental and sustainability considerations that may influence industry practices and consumer preferences.
