The import of knitted or crocheted pullovers and cardigans of synthetic fibres to the UK is forecasted to experience steady growth, with values rising from $1.4342 billion in 2024 to $1.4675 billion in 2028. This reflects a consistent year-on-year increase. The average annual growth rate (CAGR) over the five years is modest but positive.
Future trends to watch for include:
- Potential impact of sustainable and eco-friendly fashion trends on synthetic fibre imports.
- Shifts in consumer preferences towards locally-made products affecting import demand.
- Economic factors, such as exchange rates and trade policies, influencing import costs and volumes.