The import of true hemp fiber otherwise processed but not spun to India is expected to see a consistent increase in value from 2024 to 2028. Starting at 21.94 thousand USD in 2024, the import value rises steadily up to 25.82 thousand USD by 2028. This reflects a consistent year-on-year growth of approximately 4.5%. The forecasted Compound Annual Growth Rate (CAGR) over this period is 4.3%.

Future trends to watch for:

Potential shifts in global hemp supply chains affecting import availability and pricing.
Government policies and incentives promoting alternative fibers to cater to sustainability demands.
Innovations in processing technologies that might influence cost efficiency and market penetration.