The forecast for the US import of silk-worm cocoons suitable for reeling suggests a steady increase from 2024 to 2028. The forecast indicates a progressive annual growth with the import value rising from $23.34 thousand in 2024 to $26.83 thousand by 2028. Based on this forecast, the compound annual growth rate (CAGR) over these five years is noteworthy.
Future trends to watch for include:
- Potential fluctuations in global silk production levels, impacting supply and import needs.
- Changes in US silk industry demand, possibly driven by fashion trends or technological advances.
- Trade policy developments that might affect import tariffs and duties on silk-worm cocoons.