Forecast: Import of Tufted Carpets of Wool or Fine Animal Hair to Brazil

Between 2017 and 2021, Brazil's imports of tufted carpets of wool or fine animal hair decreased from 26.24 thousand kilograms to 2.63 thousand kilograms, reflecting a consistent decline. The year-on-year percentage variation shows a steep reduction over the years, with 2021 ending with a significantly lower import volume compared to previous years. This indicates a compounded annual growth rate (CAGR) over the last five years that highlights a drastic downward trend.

Future trends to monitor include:

  • Potential shifts in domestic production capabilities affecting import needs.
  • Global wool supply chain developments influencing import costs and volumes.
  • Economic conditions and consumer demand trends in Brazil for luxury home furnishings.

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