The import of knitted or crocheted women's hosiery to Germany is forecasted to decline from 2024 to 2028, with values decreasing annually. The value stood at $27 million in 2023. Year-on-year variation demonstrates a shrinking market, with the value dropping by approximately 6% annually from 2023 onwards. The compounded annual growth rate (CAGR) over these 5 years reflects an average decline of around 6% per year.
Future trends to watch for:
- Consumer preference shifts towards sustainable and eco-friendly products.
- Influence of fashion cycles on hosiery demand.
- Changes in EU trade policies impacting import costs.
