In 2023, the import value of woven fabrics of combed wool or fine animal hair not exceeding 300 g/m2 to Canada was recorded at 33.365 million USD. Forecasted values from 2024 to 2028 show a gradual decline, starting from 32.712 million USD to 30.253 million USD by 2028. This indicates a negative year-on-year variation, with a trend showcasing a steady reduction in import values by a rate of approximately 2.2% annually over this period.
Future trends to watch for include changes in global trade policies, consumer preference shifts towards sustainable textiles, and possible advancements in domestic Canadian fabric production, which might influence the import dynamics and could potentially reverse or accelerate the declining trend.
