In 2023, the import value of non-knitted or crocheted women's and girls' jackets and blazers of synthetic fibers to the US stood at 203 million USD. The forecast from 2024-2028 shows a consistent year-on-year decline in import value: 200.11 million USD in 2024, gradually decreasing to 186.93 million USD by 2028. This represents a gradual reduction, with a compound annual growth rate (CAGR) showing a steady decline of approximately 1.6% over the five-year period.
Future trends to watch for include:
- Increasing domestic production which might counterbalance import declines.
- Shifts in consumer preference toward natural or sustainable fibers, affecting synthetic demand.
- Trade policies and tariffs that may alter import costs and volumes.
- Geopolitical factors influencing supply chain reliability and costs.