In 2023, the actual import value of clothing and accessories of furskin to Canada was notably lower than the forecasted figures for the years 2024 to 2028, which show a consistent rising trend. The projections show a steady growth of approximately 3% each year, indicating a healthy upward trajectory in the value of imports. Taking into account a compounded annual growth rate (CAGR) from 2024 to 2028 further solidifies this positive trend.

Future trends to watch for include:

Shifts in consumer preferences towards sustainable and ethical fashion, which might affect demand.
Trade policy changes and tariffs, possibly impacting import costs and volumes.
Global economic conditions influencing discretionary spending and import capacity.