The forecasted import value of non-knitted men's and boys' cotton underpants to China shows a steady decline from 2024 to 2028. Compared to 2023, when imports stood at approximately 325 thousand, there is a clear downward trend. Year-on-year, the imports decrease by about 4.6% from 2024 to 2025, by 4.8% from 2025 to 2026, by 4.9% from 2026 to 2027, and by 5% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately -5%.
Future trends to watch include:
- Global cotton price fluctuations, potentially impacting costs and import volumes.
- Trade policies affecting cotton imports and exports.
- Domestic manufacturing developments influencing reliance on imports.
- Shifts in consumer preferences towards synthetic or alternative materials.