The Lithuanian market for woven fabrics of carded wool or carded fine animal hair has seen a notable decline over the past decade. As of 2023, the market size volume stood at 616.75 thousand square meters. In recent years, there has been a consistent year-on-year decrease, with a 4.3% drop in 2023 following a 4.12% decline in 2022. Over the last five years, the compound annual growth rate (CAGR) has been -3.07%, reflecting an overall contraction in market volume.

Looking ahead, potential trends to monitor include:

Technological advancements in textile production that could revive demand.
Environmental sustainability trends influencing material preferences.
Possible shifts in consumer fashion preferences impacting the demand for wool products.