Forecast: Import of Yarn of Acrylic or Modacrylic Staple Fibres Mixed Mainly or Solely with Wool or Fine Animal Hair to Brazil

The import of yarn of acrylic or modacrylic staple fibers mixed mainly or solely with wool or fine animal hair to Brazil is forecasted to show a declining trend from 2024 to 2028. In 2023, the actual import value stood at a higher position compared to the forecasted values from 2024 onwards. With each subsequent year, the value decreases progressively: from 95.49 thousand USD in 2024 to 65.31 thousand USD in 2028.

The year-on-year percentage variation suggests a noticeable downtrend, with imports decreasing at an average rate each year. The compound annual growth rate (CAGR) over the forecast period is anticipated to reflect a contraction in import value.

Future trends to watch for include:

  • The impact of domestic production capabilities improving within Brazil.
  • Changes in trade agreements or tariffs that may affect import levels.
  • Fluctuations in global demand for wool-blended fibers which may influence import strategies.

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