The import of cotton yarn waste to India is projected to show a steady upward trend from 2024 to 2028, starting at $3.7244 million in 2024 and reaching $4.4965 million by 2028. In 2023, the actual imports amounted to a value slightly below these forecasts. Year-on-year growth remains stable, averaging around 5% CAGR across this period.
Future trends to watch for include:
- Potential fluctuations in global cotton prices impacting import costs.
- Technological advancements in recycling and waste management reducing dependency on imports.
- Changes in textile production policies and sustainability initiatives influencing import volumes.