The forecast for the import of degreased shorn wool to India from 2024 to 2028 shows a decreasing trend. The import volume decreases annually, starting from 1.8118 million kilograms in 2024 to 1.65 million kilograms by 2028. A year-on-year percentage drop indicates a steady decline, with each year showing a reduction in import volume. This reflects a compound annual growth rate (CAGR) over this period indicative of a downward trajectory. In 2023, the import level was notably higher, marking a clear contrast to the forecasted decline.

Future trends to watch for include:

Potential advancements in domestic wool production, possibly reducing import dependence.
Changes in global wool supply chains that might impact prices and import volumes.
Shifts in fashion and textile industry demands influencing wool import needs.