The forecast for imports of knit or crochet fabric of wool or fine animal hair to France indicates a declining trend from 2024 to 2028. Starting at $2.03 million in 2024, the value is projected to decrease progressively, reaching approximately $0.97 million by 2028. This suggests a notable downward trajectory, with a year-on-year decrease of about 13.4% from 2024 to 2025, followed by continued reductions in subsequent years. The compound annual growth rate (CAGR) over the five years is negative, reflecting the weakening demand or rising competition for these imports in France.
Future trends to watch for include:
- Changes in consumer preferences towards sustainable or alternative fabrics that could further reduce demand.
- Economic factors such as trade policies or tariffs affecting import costs.
- Potential disruptions or innovations within the textile industry affecting supply chains and production costs.