The import of woven fabrics of combed wool or fine animal hair exceeding 300 g/m² to the US is poised for a downward trajectory from 2024 to 2028. Starting from 374.35 thousand kilograms in 2024, a consistent decline is forecasted, reaching 208.23 thousand kilograms by 2028. This represents year-on-year decreases of 11.43% for 2025, 12.65% for 2026, 14.20% for 2027, and 16.22% for 2028. The compound annual growth rate (CAGR) indicates an average annual decline of approximately 13.51% over the five-year period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards lighter or alternative fabrics, impacting demand.
- Economic factors or trade policies that might stabilize or further affect the import quantities.
- Technological advancements in fabric production that could influence the market.