The forecast for the re-import of noils of wool or of fine animal hair to China shows a descending trend from 2024 to 2028. The volume decreases from 1.85 thousand kg in 2024 to 1.31 thousand kg in 2028. Assuming stable conditions, this aggregate indicates a Compounded Annual Growth Rate (CAGR) of approximately -8.4% over five years.
Future trends to watch include:
- Potential shifts in global demand for textile materials, which may affect China's import needs.
- Changes in Chinese domestic wool production capabilities that could impact import reliance.
- Trade policy adjustments between key trading partners which might influence re-import dynamics.