Analysis of cashmere market demand and supply

In 2017, China's cashmere consumption reached 14,902 tons, the highest in recent years. In the following two years, China's cashmere consumption demand fell. In 2020, affected by the epidemic, but under the influence of the domestic cold wave, the annual cashmere consumption demand recovered to 12,616 tons For the whole of 2021, China's cashmere consumption is estimated to be around 12,500 tons based on output and imports and exports

The final consumer market of cashmere industry is cashmere products, the main products include cashmere sweaters, cashmere coats, cashmere shirts, cashmere pants, cashmere scarves, cashmere shawls, cashmere gloves, cashmere hats and so on. Cashmere sweaters and cashmere coats accounted for a large proportion, accounting for 30% and 14% respectively.