The UK import forecast for wool not carded or combed shows a consistent upward trend from $94.166 million in 2024 to $97.189 million by 2028. This steady growth indicates a stable increase in demand, with an approximate year-on-year growth rate of 0.8% to 0.9% over the five-year forecast period. These projections suggest a compound annual growth rate (CAGR) of around 0.8%. This continues the positive trend observed in previous years.
Future trends to watch include potential impacts of trade agreements post-Brexit, changes in fashion trends affecting wool demand, and advancements in synthetic fibers that might compete with wool imports. Monitoring these factors will be crucial for accurate future forecasts.
