The import forecast of Tyre Cord Fabric made of High Tenacity Viscose Rayon Yarn to India shows a consistent year-on-year decline from 2024 to 2028. Starting at 112.66 thousand kilograms in 2024, it decreases to 102.25 thousand kilograms by 2028. Comparing to 2023 levels, the forecast indicates a decreasing trend. Specifically, the average compound annual growth rate (CAGR) over these five years shows a persistent negative growth rate, emphasizing a steady reduction in import volumes.
Looking ahead, trends to watch for include potential increases in domestic production capacity, shifts in import tariffs, and changes in automotive demand, which could further impact the import volumes of high tenacity viscose yarn tyre cord fabric.
