The forecast for China's import of tanned or dressed mink furskins not assembled shows a declining trend from 2024 to 2028, with volumes expected to decrease from 1.3439 million kilograms to 1.2441 million kilograms. Compared to 2023, this projected decline indicates a clear downward trajectory. Year-on-year percentage variations highlight an annual decreasing rate, and the calculated Compound Annual Growth Rate (CAGR) over this period confirms the shrinking demand. This pattern suggests decreased reliance on such imports, potentially due to shifts in global fashion trends or increased domestic production capabilities.
Future trends to watch for include:
- The impact of policy changes as China focuses on sustainable resources.
- Shifting consumer preferences towards eco-friendly materials, possibly prompting further declines.
- Technological advancements in synthetic alternatives might also influence demand dynamics.