The import of floor coverings of coconut fibres (coir) to the US is projected to gradually decline from $19.211 million in 2024 to $18.704 million by 2028. Compared to the actual value in 2023, the imports were higher in 2024 but are forecasted to decrease year-on-year. The average year-on-year variation from 2024 to 2028 indicates a slight contraction each year. The Compound Annual Growth Rate (CAGR) over the five years shows a modest negative trend, indicating declining interest or supply challenges in coir products.

Trends to watch for in the future include:

Consumer preference shifts towards sustainable materials, which may impact coir demand positively or negatively.
The global supply chain and trade agreements can influence import figures significantly.
Economic conditions and pricing competitiveness with alternative materials.