The import of pile knit or crochet fabric of natural yarn, not cotton, to the UK is projected to decline consistently from 315.07 thousand kilograms in 2024 to 254.59 thousand kilograms in 2028. This indicates a year-on-year decrease in volume by approximately 5% to 6%, reflecting a declining demand or a strategic reduction in imports. The compound annual growth rate (CAGR) over the five-year period shows an average decrease in imports, underscoring a shrinking trend in this market segment.
Future trends to watch for include potential shifts in UK consumer preferences towards alternative materials, trade policy changes post-Brexit, and global supply chain dynamics that could impact the cost and availability of these fabrics. Additionally, sustainability and environmental concerns might drive further changes in product demand.
