As of 2023, the import of carded or combed staple fibres of acrylic or modacrylic to India stood at 1.093 million US Dollars. The forecast data from 2024 to 2028 indicates a steady annual increase in import values, suggesting a consistent demand for these fibres. Year-on-year percentage variations show slight growth with the Compounded Annual Growth Rate (CAGR) indicating progressive market expansion.
Future trends to watch for include:
- Fluctuations in global fibre prices influencing import costs.
- Changes in domestic manufacturing capabilities potentially affecting import needs.
- Environmental regulations impacting the use and import of synthetic fibres in India.