The re-import value of not knitted or crocheted women's and girls' skirts of wool or fine animal hair to Canada has significantly declined from 2017 to 2021. The value dropped consistently year-on-year from $164.84 in 2017 to $1.2 in 2021. This represents an average annual decrease (CAGR) of approximately 61% over these five years. The consistent decline indicates a shrinking market for re-importing these garments.
In 2023, this trend continued with a further decline, aligning with previous years' data trends. Future trends to observe include shifts in consumer preferences towards sustainable fashion, changes in international trade policies, and potential impacts of economic conditions on luxury garment imports in Canada. Monitoring these factors can provide insights into potential market recovery or further decline.
