Forecast: Import of Degreased Shorn Wool to the UK

The forecasted imports of degreased shorn wool to the UK show a consistent upward trend from 2024 to 2028, with an increase from approximately $70.8 million to $76.9 million. This represents an average annual growth rate (CAGR) of slightly over 2% during this period. As of 2023, actual import figures would provide context for these projections; however, the data is not included here.

Key trends to watch for include:

  • Potential fluctuations in global wool prices affecting import values.
  • Changes in domestic demand within the UK fashion and textile industries.
  • Impacts of trade agreements or tariffs on wool imports spearheading shifts in market dynamics.

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