The forecast import value of not knitted or crocheted women's and girls' skirts made of wool or fine animal hair to Canada is set to decrease steadily from 2024 to 2028, reducing from 2.8364 million USD to 2.6399 million USD. As of 2023, the import value was higher than the projected 2024 value, indicating an ongoing trend of diminishing imports. The year-on-year decline between 2024 and 2025 is about 1.78%, with a consistent yearly decrease of around 1.7% thereafter. The 5-year compound annual growth rate (CAGR) reveals a gradual average annual decline.
Future trends to watch for include potential shifts in consumer preferences towards more sustainable or locally produced materials that could further impact the demand for imported wool skirts. Changes in fashion trends and economic factors in Canada might also alter import dynamics, as well as any trade policy adjustments affecting tariffs or market accessibility for non-domestically produced textiles.
