The re-import of knitted or crocheted track suits, ski suits, and swimwear to the UK is forecasted to increase steadily from 2024 to 2028. In 2023, the actual value stood at a lower level than projected for 2024. The forecasts display annual growth, with an approximate compound annual growth rate (CAGR) of around 5.4% over the five years up to 2028. This steady rise indicates a strong demand or possibly a rise in domestic sales followed by re-import.
Future trends to watch for:
- The impact of changing fashion trends and consumer behavior on these imports.
- The influence of global economic conditions, particularly in major export markets.
- Potential policy changes affecting trade and import tariffs in the post-Brexit UK.
- Technological advancements in production or materials could alter supply chain dynamics.