The forecast for the re-import of wool, animal hair, horsehair yarn, and fabric thereof to China indicates a gradual decline from 2024 to 2028, starting at $130.11 million in 2024 and decreasing to $126.79 million by 2028. This downward trend reflects a year-on-year decrease of approximately 0.8%. In comparison to 2023, where the market stood at an estimated $130.89 million, the compound annual growth rate (CAGR) over the five-year period shows a consistent decline.
Future trends to watch for include the impact of sustainable practices in textile production and changes in domestic demand within China, as these could influence re-import volumes. Additionally, global market dynamics and trade policies may further affect these trends.
