The forecast for the import of not knitted or crocheted women's and girls' skirts of wool or fine animal hair to China suggests a steady increase from $13.18 million in 2024 to $15.139 million by 2028. As of 2023, these imports stood at $12.7 million. The year-on-year growth for 2024 is projected at 3.78%, for 2025 it is projected at 3.82%, and for the period 2026-2028, growth stabilizes around 3.5% annually. The five-year CAGR is expected to be approximately 3.51%.
Future trends to watch for include:
- Changing consumer preferences which may impact demand for wool or fine animal hair skirts.
- Trade policies affecting import tariffs and regulations in China.
- Economic fluctuations in China influencing purchasing power and discretionary spending.