In 2023, the import value of not knitted or crocheted women's and girls' trousers and shorts of wool or fine animal hair to China stood at 23.5 million USD. The forecast for 2024 is 24.382 million USD, indicating a 3.75% increase from the previous year. The year-on-year growth is anticipated to steadily continue through 2028, culminating in an import value of 28.087 million USD, marking a consistent upward trajectory with a compound annual growth rate (CAGR) of approximately 4% over the forecast period.
Future trends to watch for include:
- The growing demand for high-quality wool and fine animal hair apparel in China as consumer preferences shift towards more sustainable and premium materials.
- Potential fluctuations in the global wool supply chain affecting prices and import levels.
- Influence of China's economic conditions and policy changes on import volumes and trade agreements.
