In 2023, imports of not knitted or crocheted men's and boys' underpants or briefs of cotton to the US were valued at 80 million US dollars. Forecasts for 2024 onward reveal a downward trend. Specifically, a year-on-year decline of 10.77% is expected from 2024 to 2025, followed by further decreases of 11.84% in 2026, 13.17% in 2027, and 14.85% in 2028. Over the five-year period, the compound annual growth rate (CAGR) indicates a consistent yearly decline of 13.37% in import value.
Future trends to watch for include:
- Changes in consumer preferences towards sustainable materials.
- Potential shifts in trade policies affecting import tariffs.
- Increased competition from domestic production.
- Economic factors influencing consumer spending power.
