The import of high tenacity nylon yarn to Brazil is forecasted to increase gradually from 2024 to 2028, starting at 17.796 million kilograms in 2024 and reaching 19.478 million kilograms in 2028. This represents a consistent year-on-year growth in import volume. In comparison to actual data from 2023, there is a noticeable upward trend.
For the annual percentage change, the import volume is expected to rise by approximately 2.4% from 2024 to 2025, around 2.3% from 2025 to 2026, about 2.2% from 2026 to 2027, and roughly 2.1% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period (2024-2028) stands at around 2.25%, indicating a stable increase in import demands.
Future trends to watch for include:
- Potential shifts in global trade policies affecting Brazil's import dynamics.
- Technological advancements in textile manufacturing, possibly influencing nylon yarn demand.
- Changes in the Brazilian economy that could impact domestic production versus imports.
