In 2023, the import value of yarn of carded fine animal hair to Japan stood at approximately 7.05 million USD. The forecast for 2024 to 2028 indicates a gradual decline in value, with 2024 starting at 6.9 million USD and descending to 6.4096 million USD by 2028. This represents a year-on-year decrease of about 1.8% from 2024 to 2028. The compound annual growth rate (CAGR) over this period suggests a consistent yet mild decline in the import values.
Key future trends to watch for:
- Potential fluctuations in demand from the textile industry influenced by fashion trends and ecological sustainability concerns.
- Impact of international trade policies on import costs and practices, which may alter the affordability and availability of these materials in Japan.
