The forecast for U.S. imports of woven fabrics of combed wool or fine animal hair displays a consistent declining trend from 2024 through 2028. In 2023, the volume stood at 375.28 thousand kilograms. The year-on-year analysis indicates a decrease of approximately 13.34% in 2025, followed by a further drop of 15.08% in 2026, 17.41% in 2027, and 20.68% in 2028. The compound annual growth rate (CAGR) suggests an average annual decline of 14.57% from 2024 to 2028.
Future trends to watch for include:
- Changes in consumer preferences towards synthetic or alternative fiber materials.
- Impacts of trade policies and tariffs on wool imports.
- Technological advancements in textile production that might influence demand.