The forecast for the re-import of not knitted or crocheted men's and boys' shirts of man-made fibres to China from 2024 to 2028 shows a gradual decline. In 2023, the re-import value stood at 34.01 thousand, signaling a steady downward trend over the forecasted years with a Compound Annual Growth Rate (CAGR) of approximately -1.56%. The year-on-year decrease is consistently mild, averaging around 1.5% annually. Such declines imply that either local production is meeting demand more effectively or there is a shift in market preferences.
Future trends to watch include potential shifts in global trade policies, fluctuations in raw material prices affecting production costs, and changing consumer preferences towards local and sustainable products which could further impact re-import volumes.
