The import of woven fabric of noil silk to the US is forecasted to decrease steadily from 2024 through 2028, with values dropping from 2.357 million USD to 1.8401 million USD. This represents a consistent decline of approximately 5.5% year-on-year. Notably, compared to 2023, where imports stood at a higher real value, this shows a significant reduction, focused especially in the latter years. Over the five years, the compound annual growth rate (CAGR) reflects a negative average change, illustrating a downward trend.
Future trends to watch for include potential economic shifts affecting demand, trade policy changes, and the impact of sustainable fabric preferences on noil silk imports.
