The import of knitted or crocheted hosiery of cotton to China is forecasted to grow steadily from 2024 to 2028. The forecast begins with 4.86 million kilograms in 2024, reaching 5.62 million kilograms by 2028. Compared to 2023, this marks a consistent upward trend.
On a year-on-year basis, the import volume is expected to increase approximately by 4% each year. The compound annual growth rate (CAGR) for this period is projected to be 3.5%, demonstrating stable growth over the five years.
Future trends to watch for include the impact of China's domestic production capabilities, potential tariff changes, and shifts in consumer preferences towards alternative materials, which may alter import demand dynamics.
