The import of woven fabrics of carded wool or carded fine animal hair into the UK is forecasted to decrease steadily from 2024 to 2028, starting at 20.022 million USD in 2024 and declining to 16.152 million USD by 2028. This represents an overall decrease of approximately 19.3% over the five-year period. From 2023 to 2024, the UK saw an unchanged amount in monetary terms, indicating stabilisation before the projected downturn. The compound annual growth rate (CAGR) over this forecast period is negative, suggesting a consistent downward trend in imports.
Future trends to watch include potential shifts in consumer preferences towards sustainable and locally-sourced textiles, as well as the impact of trade policies and Brexit on importation costs. Monitoring global wool production and innovation in textile manufacturing could provide insights into future demand shifts.
