The import of waste wool or fine hair to South Korea is forecasted to increase from 2.2396 million USD in 2024 to 2.5342 million USD by 2028. In 2023, the actual value stood at 2.168 million USD. The year-on-year percentage variations indicate an upward trend: 3.3% from 2024 to 2025, 3.2% from 2025 to 2026, 3% from 2026 to 2027, and 2.9% from 2027 to 2028. Over the last two years, the import value has seen a steady increase of 3.3% on average per year.
Future trends to watch for include global wool market fluctuations, changes in domestic demand for recycled materials, and potential shifts in trade policies affecting wool and fine hair imports. Additionally, innovations in sustainable practices and recycling technologies could significantly influence import dynamics in this sector in the long term.
