In 2023, the import of cut corduroy fabric made from manmade fibers to the US stood at 170 thousand kilograms. Forecasted data indicates a steady decline over the next five years, with a significant decrease from 160.2 thousand kilograms in 2024 to 122.41 thousand kilograms in 2028. This represents an average year-on-year decrease of approximately 6% from 2024 onwards. The cumulative average growth rate (CAGR) for this period is negative, highlighting a consistent downward trend.
Future trends to watch for include:
- Emerging sustainable materials and their impact on the demand for manmade fibers.
- Changes in fashion industry preferences and their influence on the popularity of corduroy fabrics.
- Possible shifts in international trade policies affecting import volumes.