Based on the forecasted data, imports of not knitted or crocheted men's and boys' overcoats, capes, or cloaks of man-made fibers to China are anticipated to grow steadily from 2024 to 2028.
- The projected year-on-year growth rate from 2024 to 2025 is approximately 4.55%.
- From 2025 to 2026, the growth is expected to be around 4.28%.
- Between 2026 and 2027, the anticipated increase is about 4.01%.
- Finally, from 2027 to 2028, a growth rate of 3.78% is projected.
- The compound annual growth rate (CAGR) over this five-year period is approximately 4.36%.
In 2023, the import value stood at a lower baseline before the forecasted steady increase. Future trends to watch include potential shifts in global trade policies, advancements in textile technology, and evolving consumer preferences in fashion, which could influence the import demands and supply chains in China.
