India's import of silk yarn, excluding waste, is forecasted to decrease steadily from 2024 to 2028, starting at approximately $9 million in 2024 and declining to about $7.19 million by 2028. This represents a significant year-on-year reduction, with a notable compound annual growth rate (CAGR) trend indicating a steady decrease over the five-year period. As of 2023, the import value stood slightly higher, further emphasizing the downward trend.

Future trends to watch for include:

Potential shifts in domestic silk production capacities that could affect import needs.
Exchange rate fluctuations impacting the cost of imports.
Trade policies or agreements affecting silk yarn tariffs and import duties.