Forecast: Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair of a Weight Not Exceeding 300 g/m2 to China

The import of woven fabrics of combed wool or of combed fine animal hair to China for weights not exceeding 300 g/m² is set to gradually decline from 2024 to 2028, with forecasted reductions each year. In 2023, the import volume stood at levels higher than the projections for 2024 onwards, indicating a negative year-on-year trend. From 2024 to 2028, the compound annual growth rate (CAGR) illustrates a consistent decline. This trend reflects a diminishing demand or possible shifts to alternative materials within China.

Future trends to watch for include:

  • Changes in consumer preferences towards synthetic or blended fabrics, which could impact imports.
  • China's domestic capability enhancements in fabric production, potentially reducing reliance on imports.
  • Potential economic policies affecting trade tariffs that might alter import volumes.

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