The forecast for Brazil's import of raw silk shows a continuous growth from 2024 to 2028, with values increasing from 3.129 to 3.3875 million US dollars, indicating a compound annual growth rate reflective of a steady market expansion. Given that the data starts from 2024, analyzing year-on-year changes reveals consistent, albeit modest, growth driven likely by increasing demand or economic factors that support textile industries reliant on raw silk.
Future trends to watch for include:
- Potential shifts in global silk production which could impact prices and import volumes.
- Changes in consumer fashion preferences towards sustainability that may affect demand.
- Economic policies in Brazil that could influence trade dynamics.
