In 2023, the import of woven pile carpet of wool or hair, not made up to the US, stood at 11.2 million kilograms. The forecasted data indicates a steady increase in volume over the next five years, reaching 12.483 million kilograms by 2028. Year-on-year growth shows a gradual rise: 2.3% from 2024 to 2025, 2.17% from 2025 to 2026, 2.1% from 2026 to 2027, and 2.0% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately 2.18%, reflecting a consistent upward trend.
Future trends to watch for include:
- Sustainability practices influencing the choice of imports.
- Potential trade policy adjustments impacting import flows.
- Shifts in consumer preferences toward eco-friendly materials.
- Economic factors affecting demand for luxury home textiles.