The import of not knitted or crocheted women's and girls' overcoats, capes, or cloaks of wool or fine animal hair to the UK is forecasted to decrease gradually from 2024 to 2028. In 2023, the volume stood at 1.71 million kilograms. From 2024 to 2025, the volume decreases by approximately 3.23% followed by a similar downward trend across subsequent years up to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, indicating a consistent reduction in imports over this period.
Looking ahead, key trends to monitor include changes in UK consumer preferences toward sustainable or locally sourced materials, potential shifts in trade policies post-Brexit impacting import dynamics, and global economic conditions influencing production and demand in source countries.
