In 2023, the re-import of knitted or crocheted pullovers and cardigans of wool or fine animal hair to China stood at 313.39 thousand kilograms. Forecasted data for 2024 through 2028 indicates a steady upward trend, with annual increases ranging approximately from 1.8% to 1.6% year-on-year. The five-year compound annual growth rate (CAGR) from 2023 to 2028 is about 1.6%, highlighting moderate but consistent growth in volume.
Future trends to watch include shifts in consumer preferences towards sustainable and high-quality materials, potential trade policy changes affecting wool or animal hair imports, and increasing demand for luxury textiles in China due to growing disposable incomes.
- 2024: Steady increase anticipated
- 2025-2026: Continued growth expected
- 2027-2028: Sustained upward trajectory