The forecasted import of cotton yarn waste to the US shows a consistent declining trend from 2024 to 2028, with imports expected to decrease from $476.81K in 2024 to $356.11K in 2028. This represents a steady decline compounded over five years. Year-on-year, the anticipated drops are approximately 6.5% annually, indicating a noticeable contraction in the market. Without the specific 2023 data, comparative analysis to actuals isn't possible.
Future trends to watch for include:
- Potential shifts in demand for recycled and sustainable materials.
- Technological advancements influencing waste processing and utilization.
- Global economic factors impacting textile industry trade.
- Environmental regulations that could affect production and import levels.