The import of wool grease to the US is forecasted to slightly decrease over the next five years, from $22.171 million in 2024 to $21.449 million in 2028. This represents a modest declining trend, with each year seeing a marginal decrease in value. While the data for 2023 is not explicitly provided, the consistent downward trend suggests a stabilizing but gradually contracting market. Over the last two years, the year-on-year variation indicates minimal decline, and the compounded annual growth rate (CAGR) reflects a small average decrease per year.

Future trends to watch for include:

Shifts in global demand for wool-based products that could impact import needs.
Changes in domestic production and innovation within the US textile industry that might reduce dependence on imports.
Potential trade policy adjustments or tariff impositions that could influence import volumes and values.