The forecasted import volume of knitted or crocheted pullovers and cardigans of cotton into the UK shows a steady increase from 66.407 million kilograms in 2024 to 68.984 million kilograms in 2028. Compared to the estimated level in 2023, which stood at approximately 65.8 million kilograms, the forecast indicates gradual growth year on year.
The year-on-year variations average around 1% to 1.5%, indicating a stable upward trend. The compound annual growth rate (CAGR) over the five-year period is modest, reflecting a consistent, albeit slow, increase in imports.
Future trends to watch for include potential impacts from changes in international trade agreements post-Brexit, shifts in consumer preferences towards more sustainable and locally produced products, and economic factors influencing consumer spending power in relation to apparel.
