In 2023, Japan's import of woven fabrics of combed wool or fine animal hair of weight exceeding 300 g/m2 stood at $16.5 million USD. The forecast from 2024 to 2028 shows a consistent decline in import value, with annual decreases of roughly 6.6% from 2024 and concluding at $11.348 million USD by 2028. The compound annual growth rate (CAGR) over this period is approximately -5.5%. This indicates a sustained downtrend in the demand or competitiveness of these imports in Japan.
Future trends to watch for include shifts in domestic production capabilities, changes in consumer preference for such textiles, and global market dynamics. Trade policies and economic conditions in countries exporting these goods to Japan could significantly influence import behaviors and trends.
