In 2023, the import volume of non-knitted women's and girls' overcoats made of wool or fine animal hair to the UK stood at 7.46 thousand kilograms. The forecast data for 2024-2028 shows a steady decline, indicating a year-on-year decrease of around 5-7%. The compound annual growth rate (CAGR) suggests a decline of approximately 4.75% annually over this five-year period. This downward trend highlights potential shifts in consumer preferences or changes in market dynamics.
Future trends to watch for include:
- The impact of sustainable fashion trends on wool apparel demand.
- Fluctuations in global wool supply affecting import volumes.
- Changes in UK trade policies post-Brexit that may influence import patterns.
