In 2023, the import value of knitted or crocheted women's and girls' skirts of cotton to Canada stood at approximately 3.6 million US dollars. The forecast for 2024 indicates a decline to 3.2959 million US dollars, which further decreases to 3.0089 million in 2025, continuing its downward trend to 2.182 million by 2028.
Year-on-year percentage changes indicate a consistent decrease, with a compound annual growth rate (CAGR) of -9.18% from 2024 to 2028. The declining trend highlights a reduction in demand or a shift in consumer preferences.
Future trends to watch include:
- Changes in fashion trends and consumer preferences that could influence the demand for cotton skirts.
- Potential impacts of trade policies or tariffs on import volumes.
- Shifts in manufacturing locations and costs that could affect the pricing and imports of cotton skirts.