The import value of non-knitted or crocheted women's and girls' trousers and shorts made of wool or fine animal hair to Canada is projected to rise steadily over the next five years. Starting from a forecasted value of $10.048 million in 2024, it is expected to increase by approximately 1.2% annually, reaching about $10.52 million by 2028. This represents a consistent year-on-year growth suggesting sustained demand for these garments.
Future trends to watch include:
- Fluctuations in wool prices globally, which could impact import costs.
- Changes in consumer preferences towards sustainable and ethical fashion.
- Trade policy adjustments and tariffs between Canada and exporting countries.
