Forecast: Re-Import of Cotton Yarn Put Up for Retail Sale to Canada

The forecast for the re-import of cotton yarn put up for retail sale to Canada from 2024 to 2028 indicates a steady growth trend. Starting at $1.63 million USD in 2024, it is projected to reach $1.9995 million USD by 2028. The year-on-year growth rates show a consistent upward trajectory, with an increase from 5.84% to 4.7% over the years. Calculating the CAGR from 2024 to 2028 gives an average annual growth rate of approximately 5.22%.

Future trends to watch for:

  • Impact of global market dynamics on the textile industry.
  • Potential changes in trade policies affecting imports.
  • The influence of emerging sustainable practices in cotton production.
  • Consumer demand shifts towards natural fibers.

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