The forecast for greasy wool gross production in Brazil shows a downward trend from 2024 to 2028, with values decreasing from 28.18 million USD in 2024 to 23.5 million USD in 2028. This represents a year-on-year decrease of approximately 4.2% from 2024 to 2025, 4.4% from 2025 to 2026, 4.5% from 2026 to 2027, and 4.6% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately -3.40%.
Future trends to watch for include:
- The impact of global wool market demand fluctuations.
- Changes in production technology and practices.
- Environmental and regulatory developments affecting wool farming.
