The import of degreased wool other than shorn to Brazil is forecasted to decrease steadily from 2024 to 2028, with values dropping from 29.38 to 26.43 thousand kilograms. In 2023, the actual import stood at approximately the same level as the forecast for 2024, indicating the beginning of a downward trend. The year-on-year variation shows a consistent decline of about 2.63% annually. Over a five-year outlook, the compound annual growth rate (CAGR) presents a uniform decrease, echoing the trend of declining imports.
Future trends to watch for include changes in Brazil's textile industry demand, potential shifts in global wool prices, and international trade policies that could further influence import levels. Additionally, monitoring technological advancements in synthetic alternatives might impact the demand for natural wool products.
