In the forecast for the import of knitted or crocheted pullovers and cardigans of synthetic fibers to the US, we see a steady increase from $7.70 billion in 2024 to $8.47 billion in 2028. In terms of year-on-year growth, the progression shows a consistent rise of around 2.5% to 2.7% annually.

The data implied no specific value for 2023, but assuming a positive growth trend similar to that forecasted, this targeted segment is set for continual robust growth. The compound annual growth rate (CAGR) over the forecasted five years stands approximately at 2.4%.

Trends to watch:

The impact of sustainability and the shift towards eco-friendly materials in fashion.
Potential trade policies affecting import duties and tariffs.
Consumer preference trends towards synthetic fibers compared to natural materials.