In 2023, the import value of woven fabric of combed wool or fine animal hair mixed mainly or solely with man-made staple fibers to China stood at an estimated $20 million. The forecast from 2024 to 2028 indicates a consistent decrease: $18.479 million in 2024, $16.896 million in 2025, $15.344 million in 2026, $13.824 million in 2027, and $12.334 million in 2028. This reflects a year-on-year decrease of approximately 8.6% in 2025, 9.2% in 2026, 9.9% in 2027, and 10.8% in 2028. The Compound Annual Growth Rate (CAGR) over this period is notably negative, signifying a downward trend in imports.
Future trends to watch for include shifts in China's domestic textile production capacity, potential trade policy changes affecting import tariffs or quotas, and evolving consumer preferences that could impact demand for these mixed-material fabrics. Monitoring these factors will help understand the broader market dynamics influencing the textile import sector.
