The re-import of knitted or crocheted women's and girls' trousers and shorts of synthetic fibers to China is expected to grow steadily from 2024 to 2028. In 2023, the import value was estimated at a base value from which subsequent years will see a gradual increase. The forecast for 2024 is 1.0651 million, growing to 1.2467 million by 2028, indicating a consistent upward trend.
Year-on-year growth is projected as follows:
- 2024 to 2025: Increase by approximately 4.39%.
- 2025 to 2026: Increase by approximately 4.12%.
- 2026 to 2027: Increase by approximately 3.88%.
- 2027 to 2028: Increase by approximately 3.67%.
Over these five years, the compound annual growth rate (CAGR) averages around 3.97%, signifying a stable growth in re-imports.
Future Trends to Watch:
- Impact of economic policies on trade tariffs affecting re-imports.
- Technological advancements in synthetic fibers enhancing product quality.
- Changes in consumer preferences towards sustainability influencing demand.
