The forecast for the import of high tenacity viscose yarn to the US indicates a gradual decreasing trend from 2024 to 2028. In 2023, the volume stood at 1.036 million kilograms. The year-on-year variation for 2024 shows a slight decrease of approximately 2.1%. This downward trend continues, with approximately 2.1% declines each following year until 2028. Over the five-year forecasted period from 2024 to 2028, the compound annual growth rate (CAGR) of the imports is approximately -2.1%, indicating a consistent annual decrease in volume.
Future trends to watch for include the impact of global supply chain dynamics, shifts in demand for fabrics utilizing viscose yarn, and advancements in alternative materials which may affect the import levels. Additionally, tariff changes and trade agreements between the US and major viscose yarn producing countries could further influence the import volumes in upcoming years.
