In 2023, the import of flax yarn multiple (folded) or cabled to the US stood at 1.49 million USD. Forecasts from 2024 to 2028 project a slight annual decline. From 2024 to 2025, there's a 0.32% decrease, and each subsequent year sees a consistent drop of about 0.30%. Over five years, the compound annual growth rate (CAGR) is approximately -0.32%, indicating a gradual decline in imports.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and natural textiles.
- Impact of trade policies and international agreements on flax yarn imports.
- Technological advancements in synthetic alternatives that may affect flax yarn demand.