The import of clothing and accessories of furskin to Brazil is forecasted to gradually increase over 2024-2028. In 2023, the imports stood at approximately $1.15 million USD, marking a consistent growth trend into the future.
Year-on-Year Analysis:
- 2024 shows a 3.0% increase compared to 2023.
- 2025 anticipates a 2.8% rise over 2024.
- 2026 projects a 2.6% growth from 2025.
- 2027 expected a 2.5% increment over 2026.
- 2028 forecasts a 2.4% rise from 2027.
CAGR: The imports over the five-year period display an average annual growth rate of 2.66%.
Future trends to watch include potential market shifts due to sustainable and ethical fashion movements, impacting demand for furskin products. Additionally, broader economic factors and trade policy changes could alter this forecasted path.
