The forecast for the import of woven fabric of coarse animal hair or horse hair to the UK shows a consistent decline over the next five years. From 2024 to 2028, volumes are expected to drop from 1.6686 million kilograms to 1.1398 million kilograms. Compared to 2023's figures, this trend highlights a retraction in imports, emphasizing changes in sourcing or demand within the UK market.
Key observations:
- A steady year-on-year decline is noted, signaling decreasing reliance or need for these materials.
- CAGR analysis over the forecast period also underscores this decreasing import trend.
Future trend to watch:
Monitoring technological advancements in synthetic alternatives and changes in trade policies will provide insights into future import patterns of these materials.