The forecast for imports of women's or girls' jackets and blazers of textile fabrics not knitted or crocheted to the UK from 2024 to 2028 shows a consistent year-on-year decrease. From 2023, where actual data stood at a higher level, there is a predicted decline with percentage drops around 2.75% to 3% annually, culminating in a five-year Compound Annual Growth Rate (CAGR) that trends negatively around 3%, reflecting reduced import volumes.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable or alternative materials, possibly affecting import volumes.
- Impact of technological advancements in fashion production, which may influence domestic versus imported goods balance.
- Economic and trade policy changes post-Brexit, affecting import dynamics with EU and non-EU countries.