Forecast: Import of Rubberized Textile Knitted or Crocheted Fabric to Brazil

As of 2023, Brazil's import of rubberized textile knitted or crocheted fabric stood at a value from which forecasts indicate a gradual decline from 2024 to 2028.

The year-on-year variation shows a decreasing trend in imports:

• 2024: Forecasted value is 4.0844 Million USD
• 2025: Expected decline by approximately 2.7% to 3.9744 Million USD
• 2026: A further decrease by approximately 2.7% to 3.8666 Million USD
• 2027: Another reduction by approximately 2.7% to 3.761 Million USD
• 2028: Continues to decline by approximately 2.7% to 3.6575 Million USD

The compound annual growth rate (CAGR) for 2023 to 2028 is approximately -2.7%, indicating a consistent decline in import values over this period.

Future trends to watch for include potential market shifts towards alternative materials or domestic production boosts, as well as changes in trade policies that could either mitigate the decline or exacerbate it further.