The import of knitted or crocheted gloves, mittens, or mitts made from wool or fine animal hair to India is expected to decline significantly from 2024 to 2028. Starting with a forecast value of $11.84 thousand in 2024, there is a projected steep fall to just $0.57168 thousand by 2028. This represents a compounded annual growth rate (CAGR) of decline, reflecting a consistent decrease each year as demand or interest continues to wane. The figures for 2023, although not listed, set the basis for this declining trend.

Future trends to watch for:

Market shifts in fashion or functionality that could revive interest.
Domestic production capabilities in India versus imports.
Potential changes in trade policies or tariffs affecting costs.
Alternative materials influencing consumer preference over wool or fine animal hair.