Import of woven fabrics of carded wool or fine animal hair to Japan was valued at approximately $8 million in 2023. The forecast from 2024 onwards shows a consistent downward trend. From 2024 to 2025, there's a 8.7% decline, followed by an 9.3% decrease to 2026, and a 10.2% reduction the following year. Between 2027 and 2028, imports are expected to drop by 11%, resulting in a CAGR of approximately -8.5% from 2024 to 2028.
In the future, attention should be paid to changes in consumer preferences, technological advancements in textile manufacturing, and economic policies affecting trade, which could influence import values more dynamically.
