The import of yarn made from coarse animal hair or horsehair to Germany is expected to exhibit a steady upward trend from 2024 through 2028. In 2023, the volume of imports stood at 31.11 thousand kilograms, showing positive projected growth beyond this year.
- Projected year-on-year growth from 2024 to 2025 is approximately 2.2%.
- From 2025 to 2026, the year-on-year growth is expected at 2.1%.
- From 2026 to 2027, it is predicted to rise by about 2.0%.
- From 2027 to 2028, the projected growth is around 2.0%.
The Compound Annual Growth Rate (CAGR) anticipated over this forecast period from 2024 to 2028 averages approximately 2.1%.
Future trends to monitor include shifts in global demand for natural fibers, developments in manufacturing technologies affecting production costs, and trade policy changes that might impact import dynamics. Additionally, observing sustainable practices in the textile industry could influence future import levels of such natural materials.
