In 2023, the re-import of knitted or crocheted men's and boys' overcoats, capes, or cloaks of man-made fibers to China stood at a baseline level that underpins future forecasts. The forecasted values for 2024 to 2028 indicate a steady growth in re-import volumes, increasing from 148.9 thousand units in 2024 to 172.21 thousand units by 2028. This reflects a consistent year-on-year increase in re-import activity, with a compound annual growth rate (CAGR) signalling a positive trend over the five years.
Future trends to watch for include:
- Advancements in textile technology improving the quality and demand for man-made fiber garments.
- Changes in trade policies and tariffs impacting import costs and competitive positioning.
- Increasing consumer preference for sustainable and ethically-made clothing driving shifts in sourcing and production.
- Potential disruptions in global supply chains affecting import patterns.