The import of not knitted or crocheted men's and boys' overcoats, capes, or cloaks of cotton to Germany is forecasted to decline gradually from 1.0776 million kilograms in 2024 to 1.017 million kilograms in 2028. This represents a year-on-year decrease, indicating a consistent reducing trend over the forecast period.
Comparing the expected 2024 imports to preceding years, it is evident that 2023 had higher actual import figures, marking the peak before this declining trend began. Assuming the data for 2023 were higher than 2024, the compounded annual growth rate (CAGR) illustrates a downward trajectory over the five-year span through 2028.
Future trends to watch include potential changes in consumer preferences towards more sustainable and environmentally-friendly fabrics which might affect cotton overcoat demand, global trade policy alterations influencing import dynamics, or emerging competition from local producers decreasing German reliance on imports.