Forecast: Import of Greasy Wool Other Than Shorn to India

The import of greasy wool other than shorn to India stood at 33.4 million kilograms in 2023. Forecasts from 2024 to 2028 indicate a gradual decline. From 2023 to 2024, the volume remains constant at 33.4 million kilograms. By 2028, imports are expected to decrease to 32.236 million kilograms. Year-on-year variations show a decline of roughly 0.9% yearly from 2024 to 2028. The five-year compound annual growth rate (CAGR) suggests a consistent average annual decrease.

Future trends to watch for:

  • Global wool supply fluctuations due to environmental changes affecting production.
  • Domestic policies impacting the import of greasy wool.
  • Shifts in textile industry demands and technological advancements improving wool processing efficiency.

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