The import of Single Untwisted Viscose Yarn to the US is projected to decline significantly from $2.1204 million in 2024 to $0.72811 million in 2028, representing a clear downward trend. Year-on-year, this indicates a reduction of 16.9% from 2024 to 2025, 19.9% from 2025 to 2026, 24.4% from 2026 to 2027, and 31.7% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is estimated at approximately -24.1%, highlighting a persistent decline in imports. In 2023, the import stood higher, emphasizing the decreasing forecasted demand.
Future trends to watch for include:
- Potential shifts in consumer preferences impacting viscose demand.
- Technological advancements in yarn production that may affect import needs.
- Trade policy changes and environmental regulations influencing the yarn market.
