In 2023, the UK imported approximately 49.5 million USD worth of not knitted or crocheted men's and boys' overcoats, capes, or cloaks made of cotton. From 2024 through 2028, the forecast indicates a steady decline in import values, starting at 48.721 million USD in 2024 and falling to 45.678 million USD by 2028.
Year-on-year percentage changes reveal a gradual decrease each year—around 1.6% yearly between 2024 and 2025, 1.6% between 2025 and 2026, 1.6% between 2026 and 2027, and another 1.6% between 2027 and 2028. The compound annual growth rate (CAGR) is approximately -1.8% over the forecasted five-year period.
Future trends to monitor include potential shifts in consumer preferences towards sustainable and versatile outerwear. Also, the impact of trade agreements post-Brexit and global supply chain dynamics could significantly influence import levels.
