In 2024, Brazil's import of cotton yarn waste is forecasted to rise to 2.8539 million kilograms. This figure is an increase from the previous years, with trends showing a consistent year-on-year growth. Projected values extend to 2028, reaching 3.367 million kilograms, with a compound annual growth rate (CAGR) reflecting steady market expansion over five years. In 2023, actual import value was slightly lower than in 2024. The forecast indicates a continued increase in volume, averaging around 4.1% annual growth from 2024 to 2028.
Future trends to watch for include:
- Potential impacts of global market fluctuations on cotton waste prices.
- Brazil's domestic textile industry growth or contraction.
- Environmental regulations affecting import practices.
- Technological advancements in waste recycling and utilization.
