The import of woven fabric of combed wool or fine animal hair with natural fibers to China is projected to decrease significantly over the next five years. From a value of 152.8 thousand kilograms in 2024, imports are expected to decrease to 52.43 thousand kilograms by 2028. This indicates a notable year-on-year reduction, translating to a compound annual growth rate (CAGR) reflecting a consistent decrease each year during this period.
Future trends to watch for include:
- Potential shifts in consumer preferences toward synthetic or alternative materials, affecting demand.
- Changes in global trade policies or tariffs that may influence the cost dynamics of wool imports.
- Technological advancements in textile production, possibly impacting the import of natural fibers.