The import of non-knitted or crocheted men's and boys' trousers and shorts made of wool or fine animal hair to Japan is projected to decline steadily from 2024 through 2028. Starting at 1.1527 million units in 2024, the forecast shows a decreasing trend with a significant drop to 0.54538 million units by 2028. This represents a continuous yearly reduction ranging from approximately 13.6% to 20.5% per year.
In 2023, the actual import volumes stood higher, indicating a noticeable downtrend in subsequent years. On average, the five-year CAGR showcases a contraction, reflecting reduced demand or potential shifts in trade dynamics.
Future trends to watch include changes in consumer preferences, possible economic factors influencing luxury goods import, and Japan's trade policy adjustments which might affect import patterns. Sustainability concerns and fashion trends could also play crucial roles in shaping demand for wool or fine animal hair garments.
