Made-ups imports have been consistently declining since 2020. In January-April 2020, the import value reached $3.375 billion, a substantial increase of 90.68 per cent from the same period in 2019. However, the imports dropped 23.84 per cent to $2.570 billion in January-April 2021. They remained nearly steady at $2.605 billion in the corresponding period of 2022, but then fell sharply by 31.80 per cent to $1.776 billion in January-April 2023, according to Fibre2Fashion's market insight tool TexPro.
Bed-related items were the second most sought-after home furnishing product. These items accounted for $1,256.589 million in imports in the first four months of this year, representing 20.93 per cent of the total home textiles imports. Interestingly, bed items have shown a contrary trend to made-ups. In January-April 2020, the inbound shipment of bed items dipped 17.94 per cent to $1,030.769 million, but then it rose in the same periods of 2021 and 2022. However, it declined again by 32.35 per cent this year.
The import of floor-related items was $833.355 million (13.88 per cent), bathroom & kitchen items accounted for $825.320 million (13.75 per cent), and window items amounted to $465.683 million (7.76 per cent). These top five products contributed around 85.92 per cent to the total imports in the US. The next five products were camping-related items, sacks and bags, furnishing articles, tableware, and used/new rags, which contributed another 13 per cent to the total imports, as per TexPro.
ALCHEMPro News Desk (KUL)
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