The import of silk-worm cocoons suitable for reeling to the US is projected to experience consistent growth from 2024 through 2028. The projections indicate an annual rise, with an increase in volume from 16.51 thousand kilograms in 2024 to 19.44 thousand kilograms in 2028. Comparing year-on-year growth, the import is expected to grow by approximately 4.6% from 2024 to 2025, 4.3% from 2025 to 2026, 4.0% from 2026 to 2027, and finally, 3.8% from 2027 to 2028. This average annual growth rate over these years highlights a gradual upward trend in imports.
In 2023, the baseline volume for imports is not provided, but the consistent increase in future projections signifies potential growth in the demand for silk-worm cocoons.
Future trends to watch for:
- Potential fluctuations in demand driven by changes in the textile industry.
- Impact of trade policies and tariffs that may affect import volumes.
- Technological advancements in silk production that could influence import necessity.
- Environmental factors and sustainability efforts that might alter sourcing strategies.
