The import of tufted carpets made of wool or fine animal hair to China shows a steady upward trend from 2024 to 2028, with the forecast values steadily increasing each year from 5.7566 to 6.2144 million USD. In 2023, imports stood at 5.644 million USD (assumed based on the trend continuation from the earlier years). The year-on-year increase is moderate, averaging around 2% annually. Over the forecasted five-year period, the compound annual growth rate (CAGR) reflects a stable, albeit modest, increase in the market’s value.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and eco-friendly carpet materials, which could affect demand. Additionally, global economic conditions impacting raw material prices and exchange rates could also influence import dynamics in this sector.
