From 2017 to 2021, Brazil's imports of articles of apparel made from leather or composition leather experienced a significant decline, dropping from 47.09 thousand kilograms to 4.02 thousand kilograms. This represents a sharp year-on-year decrease, with the most substantial fall occurring between 2020 and 2021. Over the last five years, the compound annual growth rate (CAGR) is negative, indicating a severe contraction in this import sector.
Throughout 2023, the import levels were closely related to economic recovery and a shift in consumption patterns. Looking ahead, future trends to watch include changes in fashion industry demands, potential shifts towards sustainable materials, and economic policies affecting trade. Monitoring these factors will be essential for understanding future import dynamics in this category.
