Forecast: Import of Footwear with Outer Soles and Uppers of Rubber or Plastics to Brazil

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.

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