The import of not knitted or crocheted men's and boys' trousers and shorts of synthetic fibers to Brazil is set to decline over the forecast period from 2024 to 2028, with values decreasing annually from 13.813 million USD in 2024 to 12.293 million USD in 2028. In 2023, the import value was slightly higher, indicating a gradual downward trend. The year-on-year percentage variation depicts a consistent negative growth, reflecting decreasing demand or increased local production. The compound annual growth rate (CAGR) suggests a modest average decline over the five-year span.
Future trends to watch include:
- Changes in Brazilian consumer behavior, potentially favoring locally produced garments.
- Impacts of trade policies or economic shifts affecting import dynamics.
- Innovations in sustainable synthetic fibers that could alter demand.