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US' home textile imports at $22 billion in 2022, downtrend continues

Imports experienced record growth in ****, reaching $**.*** billion from $**.*** billion in ****, according to Fibre2Fashion’s market insight tool TexPro. This was largely due to COVID-related lockdowns, which forced people to stay at home and led to a surge in demand. 

However, imports have been on a downward trajectory since ****. Imports dropped to $**.*** billion in ****, and the sluggish trend continued in **** due to changing consumer preferences. Initially, consumers preferred to buy garments instead of home textiles as they began to venture out of their homes. In the second half of ****, high inflation and unemployment dried up their pockets, making discretionary purchases such as garments and home textiles less feasible. Brands also slowed down their sourcing as they struggled to clear their stock in showrooms, and some even postponed or cancelled purchase orders.