In 2023, the import volume of automatic sewing machines, other than book-sewing, into the U.S. stood at approximately 2.15 million kilograms. The forecast from 2024 to 2028 indicates a consistent decline in import volume, with a year-on-year percentage decrease. Specifically, the import volume is expected to decrease from 2.0732 million kilograms in 2024 to 1.754 million kilograms by 2028, averaging a compound annual growth rate (CAGR) of approximately -3.8% over these four years. This steady decline suggests a tapering demand or an increase in domestic production.
Future trends to watch for include:
- Potential shifts in manufacturing locations influencing import demand.
- Technological advancements affecting machine efficiency and sewing capabilities.
- Evolution of the U.S. textile and apparel industry impacting machinery needs.
- Trade policies and tariffs impacting international trade dynamics.