The import of not carded or combed staple fibers of acrylic or modacrylic to the U.S. is forecasted to rise steadily from 2024 through 2028. The projected import value increases from $88.781 million in 2024 to $91.294 million in 2028. Assuming the value in 2023 stood at a similar level to the start of the forecast, the year-on-year growth from 2024 is around 0.7-0.8%, and the compound annual growth rate (CAGR) over the period is approximately 0.7%.
Future trends to watch for include:
- Global economic conditions influencing the overall demand and pricing of synthetic fibers.
- Technological advancements in fiber production that could impact import values and volumes.
- Policy changes or trade agreements affecting the import of textiles and fibers.