Based on the provided forecast data, the import of tanned or dressed furskin pieces not assembled to Canada is expected to decline significantly from 2024 to 2028. Starting from a value of 94.55 thousand USD in 2024, imports are predicted to decrease to 63.99 thousand USD by 2028. Comparing 2024 to the actual figures from 2023 would help understand this downward trajectory. The annual percentage decrease averages at approximately -8.85% over this five-year period.
Future trends to watch for include potential shifts in consumer preferences towards synthetic materials, changes in trade regulations, and the impact of economic conditions on luxury goods consumption. Monitoring these factors will be crucial for understanding the market's trajectory beyond 2028.
