The import of woven carpets and floor coverings to Brazil showcased varying trends between 2013 and 2023. The actual value stood at $26.41 million USD in 2023. The import value displayed significant fluctuations with highs in 2014 and lows in 2016. However, the trend since 2017 showed a slow but steady recovery with minor dips, culminating in a modest 1.9% year-on-year increase in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 averaged 1.76%, indicating a stabilizing but slow growth period.
From 2024 onwards, forecasts suggest a consistent upward trajectory in the import value, with steady growth predicted through 2028. The forecasted annual growth rate stands at 1.47%, projecting a 7.55% overall increase over the next five years. Future trends to watch for include shifts in consumer preferences, global supply chain dynamics, and potential economic policy changes impacting trade.
