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US' home textile exports dip 23.7% to $14.4 bn, steep fall in made-ups

28 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • US, a major global consumer, experienced a significant downturn in home textile imports in 2023.
  • This decline reflects a broader global slowdown in the sector.
  • In the first three quarters of the year, US imports of home textiles fell by **.**% to $****.*** billion, with a notable **.**% decrease in made-ups, a primary product in this category.

*.*pt"> **.*pt;font-family:"Calibri",sans-serif">The global slowdown in home textiles is evident from the United States&#**; imports, the world&#**;s largest economy and one of the biggest consumers of various finished consumer products. The US saw a **.** per cent decrease in home textile imports, amounting to $**.*** billion in the first three quarters of ****. The import of made-ups, a key item in the home textiles category, declined by **.** per cent to $*.*** billion. This downward trend follows the surge in demand during the COVID year of ****

*.*pt"> **.*pt;font-family:"Calibri",sans-serif">The US imported $**.*** billion worth of home textiles from January to September ****, with the total for the year reaching $**.*** billion. The peak was in ****, with imports hitting $**.*** billion, up from $**.*** billion in ****. However, this figure fell to $**.*** billion in ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

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