Forecast: Import of Synthetic Filament, Strip and the Like (Artificial Straw) of Synthetic Textile Materials of An Apparent Width Not Exceeding 5 mm to India

The import of synthetic filament, strip, and the like of synthetic textile materials to India is projected to increase steadily from 2.9537 million kilograms in 2024 to 3.2625 million kilograms in 2028. Compared to 2023, where the volume was approximately 2.875 million kilograms, there is an evident rising trend. The year-on-year percentage variations, indicating a steady growth, are as follows:

• 2025: 2.7% increase
• 2026: 2.6% increase
• 2027: 2.5% increase
• 2028: 2.3% increase

The compound annual growth rate (CAGR) over this five-year period averages at approximately 2.5% per year.

Future trends to watch for include technological advancements in synthetic textile production, changes in trade policies, and increasing demand in sectors such as agriculture and packaging. Monitoring these factors could provide insights into potential shifts in import volumes and material preferences.