The forecast for China's import of woven fabric of combed wool or fine animal hair with natural fibers indicates a consistent decline from 2024 through 2028. Starting at $15.535 million in 2024, the value decreases to $13.708 million by 2028. This data forecasts a downward trend, with the imports reducing year-on-year by approximately 3.04%, on average, as seen from the calculated compound annual growth rate (CAGR) from 2024 to 2028.
Future trends to watch for:
- China's shift towards domestic production could intensify the decline.
- Sustainability trends might spur demand for natural fibers, potentially slowing the declining imports.
- Global economic conditions, currency fluctuations, and trade agreements could influence import dynamics.