The import of waste of wool or fine hair to the US is projected to steadily decline from 629.82 thousand kilograms in 2024 to 615.48 thousand kilograms in 2028. Estimations suggest a continuous reduction in volume, hinting at a decreasing dependency or demand for these materials. Over the past five years, an average yearly decrease, captured by a negative compound annual growth rate (CAGR), highlights this trend. Since 2024 is the current year, volume stood at 629.82 thousand kilograms, reflecting a known downtrend.
Future trends could be influenced by increasing focus on sustainable and recycled materials in textile industries, changes in global sheep farming practices, and the development of synthetic fiber alternatives. Those factors might further impact the import volume of waste wool to the US.
