The forecasted import of polyesters to India from 2024 to 2028 shows a consistent year-on-year increase, with an average annual growth rate (CAGR) of approximately 4.4% over the five-year period. Starting from 197.17 million kilograms in 2024, imports are projected to reach 231.51 million kilograms by 2028, indicating a steady rise in demand.
Future trends to watch for include:
- Potential changes in domestic production capacity which might impact import volumes.
- Fluctuations in global polyester prices affecting import costs.
- Shifts in demand from key end-use sectors such as textiles and packaging.
- Trade policy changes or tariffs that could influence import dynamics.
