The forecast for the import of yarn of combed fine animal hair to India from 2024 to 2028 shows a gradual decline. In 2023, the import volume stood at 2.24 thousand kilograms. Forecasted figures indicate a downward trend with yearly values decreasing steadily from 2.1 thousand kilograms in 2024 to 1.44 thousand kilograms by 2028. Year-on-year variation suggests a consistent reduction of approximately 8% annually. Over the five-year period, the compound annual growth rate (CAGR) indicates an average annual decrease of around 8.2%.
Future trends to watch for include fluctuations in global demand for fine animal hair yarn, changes in trade policies, raw material pricing, and shifts in textile industry dynamics, which may influence import needs and strategies in India.
