Analyzing the forecast for the import of yarn of coarse animal hair or horsehair to the US, we observe a steady decline from 3.73 thousand kilograms in 2024 to 3.48 thousand kilograms in 2028. In 2023, this figure stood at approximately 3.79 thousand kilograms, signaling a downward trend. The year-on-year decrease fluctuates about 1.5% as the compound annual growth rate (CAGR) over the forecasted period suggests a consistent decrease.
Future trends to watch for:
- Potential shifts in production technology or sourcing that could impact import volume.
- Changes in consumer preferences towards alternative materials.
- Evolving trade policies affecting import dynamics.
