The forecast for the re-import of knitted or crocheted women's and girls' trousers and shorts of synthetic fibres to Canada shows a downward trend from 2024 to 2028, with values decreasing steadily from 2.17 to 1.67 thousand. This indicates shrinking demand or supply chain adjustments in the market. Compared to 2023, where the value stood higher than 2.17, the market is witnessing a consistent decline year-on-year. The compound annual growth rate (CAGR) over the next five years is negative, reflecting these declining values.
Future trends to watch for:
- Shifts in global trade policies affecting re-import rates
- Changes in consumer preferences towards sustainable or alternate fabric choices
- Developments in domestic production capabilities or technological advancements impacting imports