In 2023, the import of woven uncut weft pile cotton fabric not terry to the US stood at the value preceding 2024's 54.54 thousand USD. Forecasted data from 2024 to 2028 shows a declining trend in import value, decreasing from 54.54 to 25.33 thousand USD. The year-on-year variations display consistent negative growth, with 2025 experiencing a drop of approximately 13.8% from 2024, 2026 witnessing a decline of about 15.7%, and subsequent years continuing this downward trajectory. The CAGR over the forecast period averages a negative growth rate, indicating a shrinking market in volumes imported.
Future trends to watch for include:
- Shifts in global production capabilities and pricing of cotton fabrics impacting import costs.
- Adoption of alternative materials that could reduce reliance on cotton imports.
- Economic factors or trade policies potentially affecting the import dynamics and domestic demand.