The forecast for the import of knitted or crocheted women's and girls' overcoats, capes or cloaks of wool or fine animal hair to the US shows a steady increase from 2024 to 2028. In 2023, the volume stood at 526.5 thousand kilograms. Year-on-year growth is projected to be around 1.2% in 2025, with a gradual rise leading to 1.1% in 2026, 1.1% in 2027, and maintaining this pace into 2028. The compound annual growth rate (CAGR) over the five-year period is estimated to be approximately 0.9%.
Future trends to watch for include shifts in consumer preferences towards sustainable and ethically sourced materials, which may impact the demand for traditional woolen garments. Additionally, changes in global trade policies and tariffs could influence import volumes and sourcing strategies.