The forecasted import of cotton yarn put up for retail sale to the US shows a consistent upward trend from 2024 to 2028, increasing from 49.371 million USD in 2024 to 53.006 million USD in 2028. This reflects a steady growth in demand. When considering year-on-year variations, there is an average growth rate of approximately 1.94% between consecutive years. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is also about 1.94%, highlighting a stable long-term growth trend.
Future trends to watch for include:
- The impact of global trade policies on import activities.
- Innovations in sustainable cotton production influencing market demand.
- Potential shifts towards synthetic alternatives affecting cotton yarn imports.
