In 2024, imports of pile knit or crochet fabric of manmade fibres to India are expected to reach 5.1208 million kilograms, beginning a forecast period with consistent growth. From 2024 to 2028, the import quantity is projected to grow at an increasing rate, reaching 5.8423 million kilograms by 2028, demonstrating a steady upward trend.
Year-on-year variations are forecasted to display incremental increases, indicative of stable demand growth. The compound annual growth rate (CAGR) over the five-year period reflects an average annual increase, emphasizing a sustained upward trajectory in import volume.
Future trends to watch include potential impacts of global trade dynamics, shifts in domestic demand due to fashion changes, and advancements in the manmade fibres industry that could influence import volumes.
