The forecast for the import of knitted or crocheted pullovers and cardigans of cotton to Canada indicates a steady growth from 2024 to 2028. The imports are expected to increase from $733.82 million in 2024 to $800.3 million in 2028. This represents a year-on-year growth of approximately 2-2.5% annually within this period. The compound annual growth rate (CAGR) over these five years is around 2.2%.

Future trends to watch for include:

Changes in consumer preferences towards sustainable and eco-friendly materials which could impact cotton imports.
Trade policies and agreements such as the USMCA that may influence tariff rates and import costs.
Global fashion trends and their impact on demand for cotton-based apparel.
Technological advancements in textile manufacturing that might affect supply chain dynamics.