In 2023, the re-import value of wool, animal hair, horsehair yarn, and fabric thereof to the UK stood at a significant level, serving as a base for the downward trend from 2024 onwards. The forecasted values indicate a consistent year-on-year decline from 2024 to 2028.
Year-on-year variations highlight a decrease of 8.54% from 2024 to 2025, 9.13% from 2025 to 2026, 9.87% from 2026 to 2027, and 10.72% from 2027 to 2028. The compound annual growth rate (CAGR) over this forecast period is notably negative, reflecting a consistent reduction in re-import activity.
Future trends to watch for include shifts in domestic production capacities and potential changes in trade policies impacting the import of these materials. Innovations in material science and textile manufacturing could also influence future demand patterns.
