The import of woven fabric of polyester staple fibres, mixed mainly or solely with wool or fine animal hair to India is forecasted to increase consistently from 2024 through 2028, starting at 4.41 million USD in 2024 and reaching 4.87 million USD by 2028. This indicates a steady year-on-year growth, averaging around 2.49% annually over this period. In 2023, the import value stood at approximately 4.3 million USD, reflecting a notable increase year-over-year into 2024.
Future trends to watch for include:
- The potential impact of global economic conditions, which could affect demand and import volumes.
- Changes in trade policies or tariffs that may influence costs and sourcing strategies.
- Sustainability trends within the textile industry promoting the use of alternative fibers.