In 2023, the import volume of woven fabric composed mainly of polyester staple fibres mixed with wool or fine animal hair to Brazil was recorded at a certain level. From 2024 to 2028, this volume is expected to decrease steadily from 19.16 to 12.14 thousand kilograms, indicating a consistent downward trend. Year-on-year variations range from around -9.4% in the initial years to approximately -13.1% approaching 2028. This suggests a Compounded Annual Growth Rate (CAGR) of negative growth throughout the five-year forecast period.
Future trends to watch for include:
- Increased use of alternative fabrics or technologies within textile manufacturing in Brazil.
- Enhanced focus on sustainable and locally sourced materials which might impact import levels.
- Changes in trade agreements or tariffs that could alter import economics.