Forecast: Import of Floor Coverings of Coconut Fibres (Coir) to India

The forecast for India's import of floor coverings made of coconut fibers (coir) indicates a consistent downward trend from 2024 to 2028. The import value is projected to decrease from 91.23 thousand USD in 2024 to 76.68 thousand USD in 2028, exhibiting a gradual decline over the five-year period. Comparing the years in the forecasted period, a year-on-year decline is observed, suggesting a reduced demand or a shift towards domestic production or alternative materials.

Key trends to watch in the future include:

  • Fluctuating global coconut fiber supply impacting import levels.
  • Technological advances that may enable more efficient or cost-effective local production.
  • Potential regulatory changes impacting import tariffs or environmental considerations for natural fiber products.

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