The forecasted import of footwear with outer soles and uppers of rubber or plastics to Brazil shows a consistent declining trend from 2024 through 2028. Starting at 1.5071 million kilograms in 2024, imports decrease by approximately 5.3% year-over-year, reaching 1.197 million kilograms by 2028. In 2023, the actual import stood slightly higher than the forecast level for 2024. With a compound annual growth rate (CAGR) indicating an average annual decrease of approximately 5.5% over the five-year period, the data suggests a continued contraction in volume.
Future trends to watch for:
- Shifts in consumer preferences towards sustainable materials could further impact imports.
- Economic factors, such as fluctuations in exchange rates or trade policies, might influence import volumes.
- Technological advancements in local manufacturing may reduce reliance on imports.
- Global supply chain disruptions could have potential effects on future import patterns.