The forecasted import of multiple (folded) or cabled viscose yarn to India shows a steady increase from 2024 to 2028, rising from 2.2407 million kilograms in 2024 to 2.449 million kilograms in 2028. This indicates a compounded annual growth rate (CAGR) suggesting a gradual increase in demand or market expansion in India for this product. In 2023, the actual import stood at a lower position compared to the forecasted growth trajectory, reflecting a positive market outlook.
Future trends to watch for include:
- Demand fluctuations driven by changes in the textile industry and fashion trends.
- Impact of trade policies or tariffs affecting import volumes.
- Technological advancements in yarn production that may influence import needs.
- Economic factors that could affect overall import capacities or pricing structures.