The forecast for the import of non-knitted or crocheted men's and boys' jackets and blazers of cotton to India indicates a steady growth over the period from 2024 to 2028. Starting at 131.13 thousand kilograms in 2024, imports are expected to increase to 150.69 thousand kilograms by 2028. Assuming a baseline of 125.50 thousand kilograms in 2023, this suggests a consistent year-on-year growth of approximately 3.7% over the observed period. The compounded annual growth rate (CAGR) from 2023 to 2028 is estimated at around 3.5%.
Future trends to watch for include:
- The impact of trade agreements and tariffs on import levels.
- Domestic shifts in consumer preference toward cotton-based apparel.
- Influence of global cotton prices on import volumes and unit costs.