The forecast for the import of woven fabrics of carded wool or of carded fine animal hair with natural fiber to China shows a gradual decline from 2024 to 2028, with values slightly decreasing from 6.242 million USD to 6.1176 million USD. In 2023, the import value stood higher than the forecasted start of 6.242 million USD for 2024. Over two years, the percentage decline is marked yet not drastic, indicating a modest contraction. The five-year compound annual growth rate (CAGR) reflects a small negative growth, emphasizing a trend towards reduced imports.
Future trends to watch include potential shifts in global wool supply, changes in China's domestic production capabilities, evolving fashion trends favoring alternative fibers, and regulatory changes affecting import tariffs. These factors will likely influence import dynamics and market demand.
