In 2023, the import of non-knitted or crocheted women's and girls' skirts of cotton stood at a notable volume, with a subsequent forecasted downward trajectory for the years 2024 to 2028. The projected values indicate a significant decline, reflecting a consistent drop in imports by millions each year:
- 2024: 13.881 million
- 2025: 10.883 million
- 2026: 7.9457 million
- 2027: 5.067 million
- 2028: 2.2459 million
This suggests a substantial reduction in imports of these items, with a compounded annual growth rate showing a notable negative trend. The downward trend might be due to factors such as changing fashion preferences, shifts in production strategies, or economic conditions affecting consumer spending capacity.
Future trends to watch include:
- Global supply chain dynamics and how they might impact import volumes.
- Emerging consumer trends towards sustainable and locally-produced apparel.
- Potential trade policy changes affecting import costs and volumes.
