The import value of non-knitted or crocheted women's and girls' trousers and shorts of wool or fine animal hair to India is predicted to decline sharply from 98.08 thousand USD in 2024 to 3.56 thousand USD in 2028. This represents a significant year-on-year decrease of approximately 25% from 2024 to 2025, 32% from 2025 to 2026, and 47% from 2026 to 2027, followed by a substantial 87% decline from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is starkly negative, indicating a drastic reduction in import levels by the end of the forecast period.
Future trends to watch for include potential shifts in domestic production capabilities, changes in consumer preferences towards more sustainable and locally sourced materials, and the impact of trade policies. Monitoring geopolitical influences and economic conditions will be crucial in anticipating further changes in import dynamics.
