The import of elasticised woven fabric to the US is projected to decline gradually from 2024 to 2028. Starting at 16.271 million USD in 2024, it descends to 15.963 million USD by 2028. This translates to a year-on-year decline of approximately 0.5% to 0.6%. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a steady average annual decrease in the value of these imports. In 2023, the import value was slightly higher than in 2024, pointing to an already established downward trend.

Future trends to watch for:

Changes in global trade policies impacting textile imports.
Advancements in textile technology that may affect domestic production competitiveness.
Shifts in consumer preferences towards sustainable and locally produced fabrics.