In 2023, Brazil's import of tyre cord fabric of high tenacity nylon or other polyamides yarn stood at an estimated 38.56 million USD. From 2024, forecasted imports are expected to average a growth rate of approximately 0.52% annually, reaching 39.563 million USD by 2028. The forecasts suggest a stable and moderate increase in imports year-over-year with no significant fluctuations. This trend indicates a steady demand for these materials in Brazil.
Future trends to watch for include:
- Potential impact of trade agreements or tariffs that may affect import volumes and prices.
- Technological advancements in tyre manufacturing that could alter demand for traditional materials.
- Economic factors within Brazil that might influence overall market activity.
- Environmental policies that could shift preferences from nylon to more sustainable materials.