As of 2023, India imported 168.5 thousand kilograms of carded or combed cotton. The forecast for 2024 predicts a moderate increase of 2.1% compared to 2023, reaching 172.01 thousand kilograms. A steady upward trend is anticipated from 2024 to 2028, with import volumes expected to grow annually by approximately 0.81%, culminating at 175.77 thousand kilograms by 2028. This reflects a compound annual growth rate (CAGR) of 0.86% over the five-year forecast period.
Future trends to watch for include potential impacts from global trade agreements, changes in cotton production and yields, and domestic policy adjustments that may influence import levels or cotton prices. Economic factors such as currency fluctuations and shifts in demand across the textile industry will also play a crucial role in shaping future import patterns.
