The import of embroidery to Brazil is projected to decline from 2024 to 2028. In 2023, the value stood at 26.5 million USD, serving as a reference for this downward trend. Starting at 25.767 million USD in 2024, imports are set to decrease each year, reaching 22.671 million USD by 2028. This reflects an average year-on-year decrease of around 1.1% from 2024 to 2025, continuing at a consistent rate through subsequent years. The Compound Annual Growth Rate (CAGR) over the five-year period forecasts a negative trend.
Future trends to watch for:
- Changes in trade policies that might impact import tariffs or regulations.
- Shifts in local consumer preferences towards domestic embroidery production.
- Global economic factors that could influence currency exchange rates and overall import costs.
