The forecast indicates a steady decline in the import volume of parts for machinery in Brazil's leather industry from 2024 to 2028, starting at 60.43 thousand kilograms in 2024 and decreasing to 49.63 thousand kilograms by 2028. In comparison, during 2023, the actual import stood higher. The year-on-year variations suggest a contraction trend, with the compound annual growth rate (CAGR) projecting a consistent reduction over these five years.

Future trends to watch for:

Technological advancements in local manufacturing could reduce import dependency.
Trade policies and international market dynamics may affect import levels.
Shifts in the global leather industry's supply and demand could influence Brazil's import strategies.