In 2023, the import of circular knitting machines to Brazil, with cylinder diameters not exceeding 165 mm, stood at 56.35 thousand kilograms. From 2024, a downward trend is anticipated, with a forecasted reduction from 50.73 thousand kg to 29.01 thousand kg by 2028. The year-on-year variations highlight a consistent decline: 2025 shows a 11% drop from 2024, followed by a 12.16% decrease in 2026, 13.56% in 2027, and 14.89% in 2028. The 5-year compounded annual growth rate (CAGR) indicates an average annual decline of approximately 12.25%.
Future trends to watch include potential technological advancements in circular knitting machines, which could catalyze market shifts. Additionally, fluctuations in demand within the textile industry and changes in Brazil's trade policies may influence import patterns. Monitoring these factors is essential for anticipating market direction.
