In 2023, the re-import value of woven fabrics of carded wool or carded fine animal hair of a weight exceeding 300 g/m² to the UK was substantial. Forecast data suggests a consistent year-on-year decline from 2024 ($11.84K) to 2028 ($5.56K). The year-on-year percentage decreases are as follows: 2025 (-13.7%), 2026 (-15.5%), 2027 (-18.0%), and 2028 (-21.5%). The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be negative, indicating a sustained downward trend.
Future trends to watch include changes in fashion preferences, which could affect demand, and potential shifts in trade policies or cost structures that could impact the re-import volume and value. Sustainability concerns may also drive changes in sourcing and manufacturing practices, potentially influencing the trajectory of imports.
