The import of silk to Brazil is forecasted to show a gradual decline from 2024 to 2028, moving from 9.3056 million USD in 2024 to 8.4394 million USD in 2028. In 2023, the import value stood at 9.5 million USD, indicating a downward trend beginning from this year in terms of value. This reflects an average annual decline or CAGR that can be described as a slow but consistent decrease over the five-year period.

Future Trends to Watch For:

Fluctuations in the global silk market, impacting prices and export-import policies.
Potential changes in consumer preferences towards synthetic fabrics influencing silk demand.
Economic factors in Brazil that could either suppress or boost import activities, such as inflation rates or currency valuation.