The import of shuttle-less looms for weaving fabric exceeding 30 cm in width to China is projected to decline annually from 2024 to 2028, with forecasted values descending from 9.59 thousand in 2024 to 8.9 thousand in 2028. This represents an average compound annual growth rate (CAGR) of -1.87% over the five-year period. As of 2023, the import value stood at 9.77 thousand, indicating a consistent downward trend.
Future trends to watch for include:
- The technological advancements in weaving technologies, which might influence demand and preferences.
- Potential shifts in China's textile and fabric market due to sustainability and automation pressures.
- Impact of international trade regulations and economic conditions on import patterns.