The turnover for the wholesale of cotton and hemp in China is forecasted to show a decreasing trend from 2024 to 2028. In 2023, the actual turnover stood at 148.32 hundred million Yuans Renminbi. Over the forecast period, turnover declines by approximately 8.4% year-on-year in 2025, by 9.1% in 2026, by 10.0% in 2027, and by 11.1% in 2028. The compound annual growth rate (CAGR) over these five years is projected to be -9.5%, indicating a consistent decline each year.

Future trends to watch for include:

Changes in global demand for cotton and hemp which may impact China's wholesale market.
Potential shifts in trade policies and tariffs affecting import-export dynamics.
Technological advancements in synthetic substitutes, potentially reducing reliance on cotton and hemp.
Increasing environmental regulations and sustainable practices impacting production costs.