In 2023, the re-import of knitted or crocheted men's and boys' trousers and shorts of wool or fine animal hair to Canada stood at a value higher than the projected figures, indicating a declining trend. Forecast data from 2024 to 2028 suggests a steady decrease, with values dropping significantly each year. From 2024 to 2025, the year-on-year variation shows a decline, as does each subsequent year until 2028, reflecting a compounded average growth rate consistent with diminishing demand.

Future trends to watch for in this market include:

Potential changes in consumer preferences and the impact of sustainability trends on material choices.
Shifts in global wool supply and trade agreements that might influence import dynamics.
Advancements in textile technology and alternative materials that could affect market demand.