The forecast for Brazil's import of yarn made from acrylic or modacrylic staple fibers mixed mainly or solely with cotton shows a slight decline from 2024 to 2028, starting at $206.22 thousand in 2024 and decreasing to $204.49 thousand by 2028. Over the previous two years, the year-on-year variations are expected to be minor, with no substantial fluctuations, indicating a stable but slightly diminishing import trend. The compound annual growth rate (CAGR) over the last five years also highlights this marginal decrease, suggesting a steady, albeit declining, trend in import value post-2023.
Future trends to watch for:
- Potential changes in global trade policies affecting import tariffs.
- Shifts in consumer preference for synthetic versus natural fibers in textile production.
- Economic factors within Brazil that may impact import activity, such as currency fluctuations or changes in industrial demand.
- Technological advancements in yarn production that may alter market dynamics.