The import of woven fabrics of carded wool or carded fine animal hair to China is forecasted to decline significantly from 2024 to 2028. In 2023, the import volume stood at an actual value of 300 thousand kilograms. The year-on-year analysis indicates a consistent decrease: 2024 to 2025 (3.95% decrease), 2025 to 2026 (4.04% decrease), 2026 to 2027 (4.12% decrease), and 2027 to 2028 (4.21% decrease). Over the five-year period, the compound annual growth rate (CAGR) reflects an average annual decline of 3.98%.
Looking forward, it's essential to monitor factors such as global economic trends, trade policies, and domestic demand shifts in China. Innovations in textile manufacturing technology and sustainable practices could also influence import dynamics in the future.
