The import of garnetted stock of cotton to the US is projected to grow steadily from 2024 to 2028, starting from 3.2329 million kilograms in 2024 and reaching 3.5248 million kilograms by 2028. In 2023, the cotton import stood at 3.16 million kilograms. The year-on-year variation indicates a consistent increase, with growth rates of approximately 2.33% to 2.44% annually. The compound annual growth rate (CAGR) over this five-year period is about 2.24%, highlighting a steady upward trend.
As we look to the future, trends to watch include potential shifts in international trade policies, the impact of sustainable and eco-friendly practices in textile manufacturing, and demand changes influenced by fashion industry cycles. Monitoring these factors will provide insights into potential adjustments in import volumes.
