In 2023, Brazil's import value of footwear outer soles and heels of rubber or plastic was approximately 11.3 million USD. The forecast from 2024 to 2028 shows a steady, albeit slight, increase in imports, moving from 11.322 million USD in 2024 to 11.43 million USD by 2028. The year-on-year growth during this period is marginal, reflecting stable demand. The compound annual growth rate (CAGR) over these five years is expected to be minimal, underscoring a mature and stabilized import market.
Future trends to watch for include potential disruptions from shifts in global trade policies, changes in currency exchange rates, and evolving consumer preferences for more sustainable materials, which could impact import dynamics and demand for rubber and plastic components.
