The re-import forecast of knitted or crocheted women's and girls' skirts of synthetic fibres to Canada shows a consistent decline from 2024 to 2028. Beginning at 82.5 in 2024 and decreasing steadily to 50.2 by 2028, this indicates a yearly decline in value. When comparing the years 2024 through 2025, the value decreases by 10.1%, and from 2025 to 2026, it declines by 11.1%. The overall Compound Annual Growth Rate (CAGR) from 2023 to 2028 is negative, indicating a decreasing trend.
Future trends to watch for include:
- Potential shifts in consumer preferences towards more sustainable or natural fibres, impacting synthetic imports.
- Changes in trade policies between Canada and exporting countries that may affect import costs and volumes.
- Technological advancements in production affecting the demand for re-importation.
