The import of jerseys, pullovers, cardigans, and waistcoats knitted or crocheted to the US is predicted to rise steadily from 2024 onwards, with values expected to reach $16.52 billion by 2028. In 2023, imports stood at $15.8 billion, indicating a positive growth trajectory. Year-on-year growth from 2024 shows modest increases, with annual growth variations hovering around 1% to 1.5%.

Over the last five years, the compound annual growth rate (CAGR) is anticipated to be approximately 0.9%, showing steady growth.

Future trends to watch include:

The impact of sustainable manufacturing practices driving demand for eco-friendly products.
Potential influence of economic fluctuations on consumer spending.
Emerging fashion trends that may shift preferences within knitwear categories.