The import of polyester yarn mixed mainly or solely with cotton to India experienced a forecasted upward trend from 2024 onwards, starting from 817.64 thousand US dollars to 913.6 thousand US dollars by 2028. This indicates consistent annual growth in the import value. By analyzing year-on-year changes, we expect gradual increments potentially averaging around 2.8% CAGR over the five-year period from 2024 to 2028. The industry showed a steady increase in demand for this blend, hinting at its rising application in Indian textiles.
Future trends to watch for include:
- The technological advancements in polyester-cotton blends improving yarn quality, which could further stimulate imports.
- Potential shifts in global trade policies affecting Indian import tariffs.
- Emergence of alternative market suppliers impacting price and supply stability.
- Growing sustainability preferences potentially influencing fiber choices and thus affecting polyester-cotton yarn demand.