The import volume of shawls, scarves, and veils made of wool or fine animal hair to the US is forecasted to decrease steadily from 469.4 thousand kilograms in 2024 to 400.54 thousand kilograms by 2028. Compared to the actual figure in 2023, this represents a noticeable declining trend. The year-on-year variation reflects a consistent decrease in import volumes, with a compound annual growth rate (CAGR) indicating an average annual decline of approximately 3.9% over the five years.
Future trends to watch for include:
- Potential shifts in consumer preferences towards alternative materials due to environmental concerns or fashion trends.
- Impact of trade policies and tariffs that could affect import levels or sourcing strategies.
- Emerging markets and their influence on the demand for luxury wool products.