In 2023, the re-import value of not knitted or crocheted men's and boys' trousers and shorts of synthetic fibres to Canada stood at an actual figure. From 2024, forecasts indicate a steady increase from 3.5 thousand units to 4.2 thousand by 2028. The year-on-year growth rates are relatively consistent, with a variation of approximately 5% per annum. The compound annual growth rate (CAGR) over the period is about 4.7%.
Future trends to watch for:
- Potential impacts of trade agreements which could affect re-import volumes.
- Shifts in consumer preferences towards synthetic or sustainable materials.
- Evolving fashion trends influencing demand for different types of trousers or shorts.