In 2022, the US home textiles import market continued its downward trend, with total imports amounting to $22.025 billion. This is the second year in a row that the market has experienced a decline, after reaching a peak of $32.569 billion in 2020, largely due to the COVID-19 pandemic.

The main contributor to US home textiles imports remained the Asia-Pacific region, accounting for 81 per cent of total imports in 2022, with a value of $18.015 billion. North America, the Middle East, Europe, Central & South America, and Africa also contributed to the US import market, albeit to a much lesser extent.

The decline in imports can be attributed to changing consumer preferences and economic concerns. Initially, consumers preferred to purchase garments rather than home textiles as they began to venture out of their homes. In the latter half of 2022, high inflation and unemployment made discretionary purchases such as garments and home textiles less feasible for consumers. This, in turn, led to a decrease in demand and subsequently, imports.

Brands also slowed down their sourcing activities as they faced difficulties in clearing their stock in showrooms. Many even postponed or cancelled purchase orders, leading to a reduction in imports.