The forecast for imports of circular knitting machines with a cylinder diameter not exceeding 165 mm to Brazil indicates a gradual decline from 2024 to 2028. In 2023, the actual import value stood at 3.8 million USD, declining year-on-year. Forecasted values show a decrease of approximately 4.6% annually over the next five years, with a compound annual growth rate (CAGR) indicating a downward trend. The reduction reflects a potential shift in domestic demand or advancements in local manufacturing capabilities.

Future trends to watch for include:

Adoption of advanced or alternative textile technologies impacting demand.
Shifts in trade policies or tariffs that may affect import costs or volumes.
Economic factors influencing the textile industry’s growth and investment capacity in Brazil.