In 2023, the import value of the specified men's or boys' textile articles to Germany was approximately 39.7 million items. The forecast from 2024 to 2028 shows a steady decline in import volume, with an average year-on-year decrease of about 0.92% over this period. The compound annual growth rate (CAGR) over the five years is projected to be negative, indicating a consistent downward trend in imports.
Future trends to watch for include:
- The impact of any bilateral trade agreements and economic policies affecting textile imports.
- Shifts in consumer preferences towards more sustainable and locally produced garments.
- Technological advancements influencing global production and supply chain efficiencies.