Based on the provided data, Poland's cotton imports have been forecasted as follows in thousand units (480 lb. Bales): 26.0 for 2024, 27.0 for 2025, 27.0 for 2026, 28.0 for 2027, and 28.0 for 2028. In 2023, the imports stood at 25.0 thousand units. The forecast data reveals a year-on-year increase of 4.0% from 2023 to 2024, and an increase of 3.8% from 2024 to 2025. Both 2026 and 2027 maintain their import volumes with no change, after which the increase re-occurs in 2027 and 2028. Over the period, the compound annual growth rate (CAGR) is 2.91%.
Future trends to watch for:
-Potential impacts of global cotton market fluctuations on Poland's import costs.
-Shifts in local apparel and textile manufacturing demand that may influence import levels.
-Trade policies and international relations with major cotton producers.