The forecast for the import of machinery to prepare, tan, and work hides, skins, and leather into Brazil indicates a consistent decline from 2024 to 2028. Starting from 371.45 thousand kilograms in 2024, a decrease is anticipated annually, reaching 199.24 thousand kilograms by 2028. In 2023, the imports stood at a higher value compared to the projections for 2024, reflecting the starting point of this downward trend.

Year-on-year analysis shows a negative growth trajectory, highlighting decreased dependence on these imports. The five-year CAGR underlines a continual contraction in this sector's import volume.

Future trends to watch for:

Technological advancements in domestic production capabilities potentially reducing dependence on imports.
Shifts in global trade policies and economic conditions impacting import costs and availability.
Demand fluctuations in the leather industry affecting machinery needs.