In 2023, the imports of yarn of acrylic or modacrylic staple fibres mixed mainly or solely with cotton to India were valued at $69.50 thousand. The forecast for 2024 is $71.86 thousand, marking a 3.41% increase. This upward trend continues with an expected increase of 4.48% in 2025, 4.22% in 2026, 3.96% in 2027, and 3.73% in 2028, showcasing a steady compound annual growth rate (CAGR) of around 3.96% from 2024 to 2028.
Future trends to watch for include:
- Strengthening domestic demand for mixed fiber yarns driven by evolving textile industry needs.
- Impact of global trade policies and supply chain dynamics on raw material importation.
- Technological advancements and sustainability factors influencing production and import strategies.