The import forecast for not knitted or crocheted ski suits into India indicates a steady growth, from 1.33 thousand kilograms in 2024 to 1.43 thousand kilograms by 2028. Considering the data from the last known actual year 2023, this marks a consistent upward trend in imports. The year-on-year growth fluctuates slightly, averaging around 1.5% annually, culminating in a compound annual growth rate (CAGR) of approximately 1.8% over five years.
Future trends to be mindful of:
- Increased recreational skiing and winter tourism activities in India driving higher demand.
- Potential impact of economic factors and trade regulations on import volumes.
- Technological advancements in fabric, offering lighter and warmer options, possibly affecting import dynamics.