In 2023, South Korea imported yarn of carded wool valued at 13.467 million USD. Forecasts for the coming years indicate a steady increase in import value, beginning with 13.931 million USD in 2024 and rising to 15.813 million USD by 2028. Year-over-year variations show a consistent growth trend: 3.40% in 2024, 3.48% in 2025, 3.30% in 2026, and 3.13% in 2027. Over the past two years, this trend demonstrates the sustained recovery and growth in demand. The Compound Annual Growth Rate (CAGR) over the next five years is estimated at approximately 3.31%.

Future trends to watch for:

Potential changes in international trade policies that could affect import tariffs or quotas
Shifts in consumer preferences and demand for sustainable and eco-friendly materials
Technological advancements in textile production that could impact import volumes and values
Economic factors such as currency fluctuations that might influence import costs