In 2023, the import of knitted or crocheted women's full-length or knee-length hosiery to the US measuring per single yarn less than 67 decitex was recorded at a certain volume, with a forecasted decline beginning in 2024. Year-on-year, the import volume is projected to decrease steadily by 2.97% annually from 2024 to 2028. The compound annual growth rate over these five years is expected to reflect a negative growth trend, averaging a decrease of 2.97% per annum.
Looking ahead, key trends to monitor include shifts in consumer preferences towards sustainability, the potential impact of trade policies and tariffs, and technological advancements in textile production that may affect both the demand and supply dynamics in the market.
