In 2023, the import of long pile knit or crochet textile fabric to the US stood at approximately 2.7648 million kilograms. From 2024 to 2028, the forecast indicates a steady year-on-year increase: 2.19% in the first year, gradually slowing to a 1.92% annual growth by 2028. The Compound Annual Growth Rate (CAGR) over this period averages at about 1.98%, demonstrating consistent upward momentum in import volumes.
Future trends to watch for:
- Fluctuations in global textile prices or trade policies could impact forecast accuracy.
- Consumer demand shifts towards sustainable materials may alter import strategies.
- Technological advancements could improve manufacturing efficiency and influence import volumes.