The forecast for the import of greasy shorn wool to China indicates a steady increase from 2024 to 2028, starting at 284.81 million kilograms and reaching 296.41 million kilograms. In 2023, the actual imports stood below the 2024 forecast, evidencing growth. The year-on-year growth percentage shows a consistent upward trend each year, reflecting a positive growth trajectory in import volume. The compound annual growth rate (CAGR) over this five-year period also indicates a moderate, stable increase in wool imports.
Future trends to watch include shifts in global wool production, Chinese demand for raw textiles and apparel, potential trade policy changes, and the impact of sustainable sourcing practices on import volumes.
