The import of not carded or combed cotton to India is forecasted to increase steadily between 2024 and 2028. In 2023, imports stood at 385 million kilograms, marking a stable growth trajectory.
- From 2024 to 2025, the import volume is expected to rise by 2.64%.
- From 2025 to 2026, imports are projected to increase by 2.52%.
- From 2026 to 2027, there is a forecasted growth of 2.41%.
- The most considerable growth of 2.30% is anticipated from 2027 to 2028.
The Compound Annual Growth Rate over these five years is approximately 2.47%, indicating a consistent upward trend.
Future trends to watch include increasing demand due to population growth, changes in domestic textile policies, and potential shifts in global cotton market dynamics that could impact India's import needs.
