Germany's import of woven fabric of combed wool or fine animal hair, mixed mainly or solely with man-made staple fibres, shows a declining trend from 2024 through 2028. In 2023, the import volume stood at 274.26 thousand kilograms. From the forecasted data, a year-on-year decrease is predicted: 2024 will experience an approximate 12% decline, 2025 a further 13% drop, 2026 a 15% decrease, 2027 a 17% decline, and 2028 will see a 21% drop compared to the previous year.
This indicates a Compound Annual Growth Rate (CAGR) of approximately -13% over the five-year forecast period. Future trends to watch include shifts in Germany's textile industry towards sustainable and natural fibers, which may alter demand dynamics. Economic conditions affecting consumer spending and changes in trade agreements or tariffs could also impact future import patterns.
