From 2024 to 2028, the forecast for UK's import of chenille cotton fabric shows a consistent downward trend, decreasing from 310.78 to 214.86 thousand kilograms. The year-on-year change represents a significant decline: about -7.96% in 2025, -8.46% in 2026, -9.07% in 2027, and -9.77% in 2028. Given that imports stood higher in 2023, this trend indicates a shrinking demand or increased domestic production. The Compound Annual Growth Rate (CAGR) over this period measures a decline of approximately -8.62% annually.
Future trends to watch for include:
- Changes in UK fashion and home decor trends that may affect demand.
- Potential trade policy shifts post-Brexit impacting import percentages.
- The development of sustainable alternatives that could replace chenille cotton fabric demand.
- Technological advancements in domestic fabric production reducing reliance on imports.