As of 2023, India's import of carded or combed staple fibres of acrylic or modacrylic stood at an unspecified level. The forecast for 2024 is 441.45 thousand kilograms, marking the beginning of a consistent upward trend reaching 453.18 thousand kilograms by 2028. This forecast suggests a steady growth, with an average annual increase, calculated as the Compound Annual Growth Rate (CAGR), emphasizing incremental volume expansion in the sector.
Future trends to watch for include:
- Potential policy changes impacting trade and import tariffs.
- Global demand fluctuations for acrylic or modacrylic fibers.
- Evolving domestic demand driven by textile industry trends.
