In 2023, the import of carded wool to Japan stood at an actual volume, which we infer as higher given the subsequent decreasing trend. The forecast indicates a consistent decline from 2024 to 2028, starting at 39.83 thousand kilograms in 2024 and dropping to 37.11 thousand kilograms in 2028. This reflects a relatively steady year-on-year decrease, suggesting diminishing demand or a transition toward domestic production. Over these five years, the import volume declines CAGR highlights a gradual but persistent reduction in imports.
Future trends to watch:
- Global wool production changes impacting import volume.
- Fluctuations in Japan's textile industry demand.
- Policy shifts impacting domestic vs. imported material preferences.
- Advancements in synthetic alternatives gaining market share.
