The import of woven fabrics of carded or combed wool or fine animal hair, coarse animal hair, or horsehair to France is forecasted to decline steadily from 2024 to 2028. The value trends from 3.6789 million square meters in 2024 to 1.4507 million square meters in 2028, signifying a sharp contraction. The year-on-year reduction emphasizes a downward trajectory, reflecting reduced import demand. Prior to 2024, the industry's actual data showed a higher import volume, indicating a potential oversupply or market saturation.
Trends to watch for:
- Shifts in consumer preferences towards alternative materials.
- Impacts of sustainability initiatives on the wool and animal hair industry.
- Developments in trade regulations and economic conditions affecting imports.
