In 2023, the import of knitted or crocheted pile fabric to the UK was valued at approximately 22.4 million USD. According to forecasts, there is a noticeable declining trend in import values from 2024 to 2028, starting from 21.525 million USD in 2024 and reducing to 18.108 million USD by 2028.

Year-over-year, the import value is expected to decrease by approximately 4% annually. The compound annual growth rate (CAGR) over this five-year period is expected to be negative, indicating shrinking imports.

Future trends to watch for:

Fluctuations in international trade policies that may impact import tariffs and costs.
Shifts in consumer demand towards locally produced textiles.
Potential influence of sustainability movements promoting eco-friendly materials.