In 2023, the import of single viscose yarn with a twist exceeding 120 turns per metre to the UK stood at approximately 2.82 million USD. The forecast from 2024 to 2028 shows a gradual decline in import values from 2.75 million USD down to 2.48 million USD. Year-on-year, there's an average decrease of around 2.5% per annum. The Compound Annual Growth Rate (CAGR) over five years also indicates a shrinking trend, highlighting ongoing decreases in import values.
Future trends to watch for include potential shifts in manufacturing processes, changes in demand for viscose yarn due to environmental and sustainability considerations, and the effects of trade agreements or restrictions that may influence the textile industry's reliance on imported viscose yarn.
