Forecast: Import of Degreased Shorn Wool to China

The forecasted import values of degreased shorn wool to China show a consistent upward trend from 2024 to 2028, starting from $266.78 million in 2024 and reaching $289.93 million by 2028. The annual growth rate ranges between 2.2% and 2.4%, indicating moderate yet steady growth in demand. As of 2023, imports stood below these forecast levels, emphasizing a positive growth outlook.

Looking ahead, key trends to watch include:

  • Potential shifts in global wool supply chains impacting import costs and availability.
  • Changes in China's textile industry demand, influenced by fashion trends and sustainability initiatives.
  • Government trade policies and tariffs that could affect import strategies.

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