In 2023, Germany imported woven fabrics of combed wool or fine animal hair valued at approximately 110 million USD. The forecast for 2024 anticipates a decrease to 104.3 million USD. This downward trend is expected to continue through 2028, with a projected import value of 80.094 million USD. From 2024 to 2025, the import value is expected to drop by about 6%, continuing to decrease by 6-7% annually through 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, reflecting an average annual decline in import value.
Future trends to watch include changes in global wool demand, shifts in fashion industry sourcing practices, and potential impacts from economic and geopolitical factors that could influence trade dynamics. Monitoring sustainability trends and technological advancements in textile production could also play a significant role in shaping future import patterns.
