The UK's import forecast for knitted or crocheted women's and girls' blouses and shirts made of man-made fibre shows a consistent decline from 2024 to 2028. Starting at $105.81 million in 2024, the value decreases by approximately 2.8% year-on-year, reaching $94.495 million in 2028. This decline represents a compound annual growth rate (CAGR) of around -2.8% over the five years. For context, 2023's import value needs to be compared to better understand the trend leading into 2024.
Future trends to watch for include:
- Potential changes in fashion trends impacting demand for man-made fibre apparel.
- Trade policies and tariffs that could affect import costs and volumes.
- Sustainability practices and consumer preferences potentially shifting demand towards eco-friendly materials.