In 2024, the forecast for imports of not knitted or crocheted men's and boys' trousers and shorts of cotton to India is 166.9 million USD, with subsequent years showing a steady increase to 198.27 million USD in 2028. In 2023, the imports stood at 158 million USD.
Year-on-year analysis shows a consistent rise, with a percentage increment for each year hovering around 3 to 5%. Particularly, the compound annual growth rate (CAGR) over these five forecast years is approximately 4.39%, indicating a robust growth trend.
Future trends to observe include potential impacts of trade policies, shifts in consumer preferences towards sustainable and ethically produced clothing, and changes in global cotton prices. Monitoring these factors can provide a more comprehensive view of the import market landscape.
