Forecast: Import of Pile Knit or Crochet Fabric of Cotton to China

The import of pile knit or crochet fabric of cotton to China, expressed in volume, is on a downward trend from 2024 to 2028. The forecast shows a decrease in volume from 2.6738 million kilograms in 2024 to 2.1204 million kilograms in 2028. This downward trend represents a consistent decline year-on-year. In 2023, the import volume stood at 2.81 million kilograms. This ongoing decrease suggests a negative compound annual growth rate (CAGR) over the forecast period. Key factors might include shifts in domestic production, changing consumer preferences, or potential trade policies affecting imports.

Future trends to monitor include:

  • The impact of domestic manufacturing capacity and initiatives to boost local textile production in China.
  • Changes in trade policies, especially with major cotton fabric exporting countries, that might influence import tariffs or quotas.
  • Technological advances in fabric production that could alter demand for imports versus local production.

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