The forecast for the import of not knitted or crocheted men's and boys' overcoats, capes, or cloaks of wool or fine animal hair to France shows a steady decline. From 2024 to 2028, the volume is expected to decrease consistently. In 2023, this category stood at a volume that, observably, will drop each year by more than 2.5% on average, reflecting a significant downward trend. Over the five-year horizon from 2024 to 2028, the annual compound growth rate (CAGR) indicates a consistent decrement.
Future trends to watch for include:
- A potential shift in consumer preference towards sustainable or alternative materials, impacting wool imports.
- Economic factors leading to reduced import demand.
- Regulatory changes affecting the wool industry at a European level.