In 2023, the import value of knitted or crocheted pullovers, cardigans of cotton to Brazil stood at approximately 33.15 million USD. Forecasts for 2024 to 2028 show a steady growth pattern, with values gradually increasing from 33.234 million USD in 2024 to 33.555 million USD in 2028.
From 2024 to 2025, a year-on-year growth of 0.25% is expected, marking consistent slight increases annually and reflecting market stability following volatile periods. The forecasted Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 0.24%.
Future trends to watch for:
- Impact of currency fluctuations on import costs.
- Changing consumer preferences towards sustainable materials and their influence on cotton imports.
- Brazil's economic policies affecting trade dynamics and demand for imported goods.