In 2023, the import volume of looped pile knit or crochet fabric of natural yarn not cotton into the UK was 49.15 thousand kilograms. Forecasted figures for 2024-2028 indicate a gradual decline in imports. From 2024, the volume decreases year-on-year by approximately 0.6%, at a compound annual growth rate (CAGR) of about -0.6% over this period.
Future trends to watch for include:
- Shifting consumer preferences towards sustainable and local materials, potentially affecting imports.
- Trade policy changes and tariffs that could impact import volumes.
- Technological advancements in alternative materials might reduce demand for these imports.