In 2023, the import of not carded or combed cotton to India stood at approximately 878 million US dollars. The forecasted data indicates a steady increase in import value from 2024 through 2028, with predictions rising from 904.84 million to 1013.4 million US dollars. This represents an average annual growth rate, compounded over five years, demonstrating a consistent upward trend in imports.
Year-on-year projections show percentage increases as follows:
- 2024: 3.05%
- 2025: 3.09%
- 2026: 2.93%
- 2027: 2.80%
- 2028: 2.67%
Future trends to watch include potential changes in global cotton production, trade policies affecting import tariffs, and shifts in India's domestic textile demand that could further influence import patterns.
