The import of yarn made from coarse animal hair or horsehair into Japan is forecasted to decline steadily from 2024 to 2028. The import volume is expected to decrease from 6.21 thousand kilograms in 2024 to 4.97 thousand kilograms by 2028. This represents a 20% decrease over this period.
From 2023 to 2024, the import volume registered a significant decline of approximately 5%, suggesting a sustained downward trend.
This declining trend may continue due to various factors:
- Increasing competition from alternative materials and fibers.
- Rising production costs and changing consumer preferences.
- Trade policy changes impacting import tariffs or regulations.
