In 2023, Canada imported 70.0 kilograms of woven fabrics of carded wool or of carded fine animal hair exceeding 300 g/m². The forecast for 2024 shows a small increase to 71.15 kilograms. This upward trend continues through 2028, reaching 75.36 kilograms by the end of the period. Year-on-year growth from 2024 to 2025 is approximately 1.52%, 1.48% from 2025 to 2026, 1.42% from 2026 to 2027, and 1.37% from 2027 to 2028. The average Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately 1.45%.

Future trends to watch for:

Fluctuations in global wool prices may impact the import volumes.
Changes in trade policies or tariffs between Canada and major exporting countries.
Technological advancements in textile production could alter supply dynamics.