In 2023, Japan's import of combed wool in fragments stood at an observed level before moving into forecasted values starting in 2024. From 2024 to 2028, the import value is projected to steadily increase from 4.60 million USD to 5.51 million USD. This represents a consistent upward trend over the five-year period.
- The year-on-year growth from 2024 to 2025 is 5.11%, continuing to incrementally rise to 4.76% by 2028.
- Analyzing the compound annual growth rate (CAGR) from 2024 to 2028, the overall average growth is expected to be 4.61% annually.
Future trends to watch for include potential shifts in global wool production, changes in Japan's textile industry, and currency fluctuations that might impact import costs. Monitoring trade agreements and economic policies between Japan and wool-producing countries will also be critical as these could influence import dynamics.
