The import of textured nylon yarn, measuring per single yarn not more than 50 tex to the US, is forecasted to decline from 2024 to 2028. The market is estimated at $20.24 million in 2024 and is expected to drop to $18.809 million by 2028, reporting an average annual decrease (CAGR) over these five years.
Key variations to note:
- The year-on-year decrease from 2024 to 2025 is approximately 1.8%.
- The year-on-year decrease from 2025 to 2026 is similar at 1.8%.
- The year-on-year decrease from 2026 to 2027 slows slightly to around 1.8%.
- The year-on-year decrease from 2027 to 2028 continues this trend at 1.8%.
In 2023, the market was slightly higher than in 2024, indicating a continuing downward trend. Analysts should watch for technological advancements, changes in trade policies, and shifts in consumer preferences, as these factors could impact import levels and market dynamics in the future.
