The import of floor coverings made of coconut fibers (coir) into India is on a projected downward trend from 2024 to 2028. In 2024, the import value is anticipated at 59.92 thousand kilograms, declining to 56.24 thousand kilograms by 2028. This represents an overall reduction, with a consistent year-on-year decrease of approximately 1.62% over these years. The compound annual growth rate (CAGR) from 2024 to 2028 stands at an average annual decline of 1.58%.
Future trends to watch include potential shifts in domestic coir production capabilities, changes in international trade policies, fluctuations in global coir prices, and the impact of environmental regulations which may influence coir import volumes into India.
