In 2023, the import of knitted or crocheted hosiery of cotton to the US stood at 54.9 million kilograms, above the forecasts for 2024-2028. The forecasted decline from 2024 to 2028 signifies an average annual decrease, reflecting a consistent downward trend. Year-on-year variations highlight incremental declines: 2.3% in 2024, 2.3% in 2025, 2.4% in 2026, 2.3% in 2027, and 2.3% in 2028.
Future trends to watch for include:
- Potential impact of sustainability initiatives on cotton imports.
- The influence of economic fluctuations on consumer demand for hosiery.
- Increasing competition from synthetic materials may further affect import volumes.
