The import of woven fabrics of combed wool or of combed fine animal hair exceeding 300 g/m2 to India is projected to decline significantly from 18.67 thousand kilograms in 2024 to 12.51 thousand kilograms by 2028. This marks a consistent year-on-year import reduction, with percentage decreases of 8.51% in 2025, 9.08% in 2026, 9.78% in 2027, and 10.71% in 2028. The compound annual growth rate (CAGR) over this five-year period is projected to be negative, reflecting an average annual decrease in imports.
Future trends to watch for include changes in domestic production capacities, fluctuations in global wool prices, and shifts in consumer preferences towards alternative fabrics, which may influence the demand for imported woven wool fabrics. Additionally, trade policy adjustments and emerging market competitors might impact import volumes.
