Analyzing the forecast import data of worn clothing and other worn articles to Canada from 2024 to 2028, there is a consistent downward trend. The import volume is projected to decrease from 122.89 million kilograms in 2024 to 111.69 million kilograms in 2028. In 2023, the actual import stood at 125.92 million kilograms, marking a downward trend entering the forecast period. Year-on-year percentage variations indicate a steady decrease: -2.34% in 2025, -2.36% in 2026, -2.36% in 2027, and -2.38% in 2028. The compound annual growth rate (CAGR) over this five-year period shows an average annual decline of approximately -2.4%.
Future trends to watch for include potential shifts in consumer behavior towards more sustainable fashion choices, which might further impact the demand for imported worn clothing. Additionally, any changes in trade policies or economic conditions could alter the current declining trend, highlighting the importance of monitoring global trade developments and domestic market preferences.
