The expected import volumes of knitted or crocheted men's and boys' overcoats, capes, or cloaks of man-made fibers to the US show an upward trajectory from 2024 to 2028, increasing from 38.767 million kilograms in 2024 to 42.213 million kilograms in 2028. This represents a consistent annual growth trend, with year-on-year variations between 2.3% and 2.7%. In 2023, the import volume stood slightly under 38 million kilograms. The Compound Annual Growth Rate (CAGR) over this forecasted period is expected to be approximately 2.5%.
Future trends to watch for include:
- Potential impact of trade policies and tariffs on import volumes.
- Consumer preferences shifting towards sustainable and environmentally friendly materials.
- Innovations in textile technology that could influence production and import volumes.
