In 2023, China's import of wool grease was valued at a certain baseline, witnessing a forecasted decline from 2024 through 2028. Year-on-year decreases show a consistent downward trend in import value, with a projected decrease of approximately 5.28% from 2024 to 2025 and 5.46% from 2025 to 2026. The compound annual growth rate (CAGR) over this five-year period highlights an average decline of 5.55% annually.

Future trends to watch:

Fluctuations in global wool production and prices could influence import needs.
China's domestic production capabilities and technological advancements might alter reliance on imports.
Environmental policies and sustainable practices could change demand dynamics for wool-derived products.