The import of degreased shorn wool to Germany is projected to decline from 2024 to 2028. Forecasted volumes show a consistent downward trend over the five-year period, starting from 4.3975 million kilograms in 2024 to 3.5753 million kilograms in 2028. This represents a year-on-year decline, with a five-year compound annual growth rate (CAGR) indicating an average annual decrease in imports.
Future trends to watch for:
- Potential shifts in global wool supply chain dynamics impacting import levels.
- Changes in consumer preferences influencing the demand for wool-based products.
- Technological advancements in alternative fibers that could affect wool’s market position.