In 2023, the import of saddlery and harness to the US reached a value of 27.5 million kilograms. Forecasted data indicate an ascending trend, with increments each year from 2024 through 2028. The expected year-on-year growth rates are approximately 2.5% in 2024, 2.5% in 2025, 2.4% in 2026, 2.3% in 2027, and 2.2% in 2028. Looking ahead, the Compound Annual Growth Rate (CAGR) over the forecasted period (2024-2028) is projected to be around 2.4%.
Future trends to watch for include:
- Increasing demand driven by enhanced equestrian sports popularity.
- Potential impacts of trade policies or tariffs on import volumes.
- Shifts towards sustainable or eco-friendly materials affecting import dynamics.
