Based on the forecast data from 2024 to 2028, the import of yarn of carded fine animal hair to the UK is projected to decrease steadily. In 2023, the imports stood at an estimated baseline of approximately 1.680 million USD. From 2024 onwards, a diminishing trend appears with an annual decline: -11.36% in 2025, -12.55% in 2026, -14.05% in 2027, and -16.03% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is forecasted to be negative, highlighting a consistent downtrend over these years.

For future trends, it is crucial to monitor:

Any changes in global economic conditions that may impact trade dynamics.
Evolving consumer preferences towards sustainable and alternative materials, potentially affecting demand.
Trade policies and tariffs between the UK and exporting countries of fine animal hair.
Technological advancements in textile manufacturing that might influence import dependency.