In 2023, the import volume of woven pile fabric of wool or fine animal hair to the US stood. The forecast for the following years indicates a steady decline: 240.97 thousand kilograms in 2024, decreasing to 185.06 thousand kilograms by 2028. This represents a year-on-year decline ranging from 5.98% to 7.98%, highlighting a steady downward trend. The CAGR over the five-year period from 2024 to 2028 shows an average annual decrease.
Future trends to watch for include potential shifts in consumer demand towards synthetic alternatives, evolving trade policies that may affect import costs, and technological advancements in textile production which could influence both market demand and sourcing strategies.
