The import of silk yarn, excluding waste, into the US is forecasted to slightly decline from 2024 to 2028. Starting at $3.8015 million in 2024, the value is expected to reduce annually, reaching $3.458 million by 2028. Compared to 2023, where imports stood at $3.89 million, this suggests a gradual decrease over the analyzed period. Year-on-year variation indicates a consistent reduction, with the CAGR highlighting an average decrease across the forecasted years. This suggests softening demand or increased domestic competition.
Future trends to watch for include potential shifts in global silk production, changes in related textile markets, and US trade policy adjustments, which could influence import volumes and pricing.
