Based on the analysis of the historical data and forecasts for the import of carded wool to China, there has been significant volatility over the past decade. As of 2023, imports stood at 26,160 kg. The past year saw a year-on-year increase of 3.28%. Over the last five years, the CAGR has been 10.78%. The forecast indicates a steady increase with a forecasted five-year CAGR of 2.41%, leading to an expected 30,500 kg by 2028, reflecting a 12.65% growth rate over this period.
- Potential Impact of Global Economic Conditions
- China's Domestic Wool Production and Policies
- Advancements in Wool Processing Technologies
Future Trends to Watch For:
