The import of combed wool in fragments to China is forecasted to grow steadily from 2024 to 2028. In 2023, the imports stood at approximately 89.3 thousand kilograms. The year-on-year increases are expected to be around 5.6% in 2024, 5.6% in 2025, 5.2% in 2026, 4.8% in 2027, and 4.5% in 2028, reflecting a consistent upward trend. The compounded annual growth rate (CAGR) over this period is approximately 5.1%, indicating stable growth in the import volume.
Future trends to watch for include:
- Changes in global wool production affecting supply and prices.
- China's domestic wool industry demands and consumption patterns.
- Fluctuations in trade relations and tariffs, impacting import strategies.
- Technological advancements in textile processing and sustainable practices.
