In 2023, the sold production of yarn of synthetic staple fibres mixed with wool in the UK was recorded at 4.741 million kilograms. From 2024 onwards, forecasts indicate a steady decline with a 5.3% decrease in 2024, followed by a 5.3% decline in 2025. The trend continues with a 5.5% reduction in 2026, a 5.7% drop in 2027, and a projected 5.9% decrease in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 suggests an average annual decline of approximately 5.5%.
Future trends to watch for include:
- Potential impacts of sustainability initiatives on synthetic yarn production.
- Shifts in consumer preference towards natural fibres.
- Changes in trade policies affecting import and export dynamics.
