The forecast for the UK's import of yarn of carded fine animal hair indicates a gradual decline from 2024 to 2028. In 2023, the import volume stood at an unspecified value; however, the projected decline from 2024 to 2028 is noticeable year-on-year. The volume is predicted to decrease at an average compound annual growth rate (CAGR) over these five years, pointing towards a gradual reduction in imports.
Future trends to watch:
- Monitor changes in trade agreements or tariffs affecting animal hair imports.
- Evaluate shifts in domestic production or substitution with alternative materials.
- Analyze emerging fashion trends and their impact on demand.
- Consider sustainability drives affecting fine animal hair consumption.
