In 2023, the import volume of chenille fabric of manmade fibers to the US stood at 13.4 million kilograms. The forecasted data from 2024 onwards shows a slight decline, with imports shrinking by 1.16% in 2025, 1.15% in 2026, and then continuing to decrease by similar percentages through 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is expected to be negative, indicating a gradual decrease in import volume over these years.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable fabrics, potentially impacting demand.
- Trade policy changes that might affect import dynamics and competitive pricing.
- Technological advancements in fabric production that could alter import needs.