In 2023, the import volume of knitted or crocheted men's and boys' trousers and shorts of synthetic fibers to the UK stood at approximately 12.675 million kilograms. Forecasts for 2024 to 2028 predict a steady growth, with expected imports reaching around 14.012 million kilograms by 2028. This reflects a compound annual growth rate (CAGR) of about 2.5% over five years. Year-on-year growth demonstrates a moderate increase annually, around 2.5% from 2024 to 2028, indicating a stable demand for these products in the UK market.
Future trends to watch for include:
- Changes in consumer preferences due to sustainability concerns, potentially impacting demand for synthetic fibers.
- Impact of global trade policies and tariffs, especially post-Brexit, affecting import patterns.
- Technological advancements in textile production that may alter the cost structures and market dynamics.
