In 2023, Canada imported woven fabrics of combed wool or fine animal hair valued at 46.5 million USD, marking the last known actual data point. From 2024 onwards, forecasted values consistently decline: 45.447 million USD in 2024, 44.186 million USD in 2025, 42.949 million USD in 2026, 41.738 million USD in 2027, to 40.551 million USD in 2028. This reflects a year-on-year decrease, with an estimated Compound Annual Growth Rate (CAGR) of roughly -3% over the 5-year forecast period.

Future trends to watch for:

Consumer preferences shifting towards sustainable and synthetic fabric alternatives.
Potential impacts of economic fluctuations on luxury fabric imports.
Technological advancements in textile production may alter market dynamics.
Trade policies and tariffs that could affect import costs and volumes.