In 2023, the re-import value of not knitted or crocheted men's and boys' shirts of cotton to Canada stood at approximately 67.29 thousand USD. Forecasted data from 2024 to 2028 indicates a consistent year-on-year increase, with values rising from 68.94 thousand USD in 2024 to 75.31 thousand USD in 2028. The average annual growth rate (CAGR) over these five years is estimated at around 2.2%. This steady growth reflects a stable demand and reliance on this specific import category.
Future trends to watch include:
• Economic factors impacting trade balances and tariffs that might affect re-import costs.
• Shifts in consumer preferences towards sustainable and ethically produced garments.
• Potential disruptions in the global supply chain that could affect import consistency.
