The forecast for the re-import of garments made up of textile felts and nonwoven fabric to Canada shows a gradual decline from $3.93 thousand in 2024 to $3.59 thousand by 2028. Assuming the figure in 2023 demonstrated a stable starting point, this anticipated decrease suggests a negative compound annual growth rate (CAGR) projected across these years. Year-on-year variations reflect a consistent downward trend, averaging marginal declines each year.
Trends to watch for in the future include potential shifts in global trade dynamics, changes in consumer preferences towards sustainable and locally-sourced textiles, and the evolving landscape of trade policies affecting costs and availability.
