Market movement
In 2024, hair: fine animal hair, not carded or combed, of kashmir (cashmere) goats trade exhibited strong growth, with global flows reaching $386,551,589 and a three-year compound annual growth rate of -4.4% (five-year: +2.6%). The all-time peak of $602,725,146 was recorded in 2022; the current level is 36% below that high-water mark.
Over the 30-year observation window (1995–2024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-5.9% acceleration).
