Forecast: Import of Polyester Yarn Mixed Mainly or Solely with Artificial Staple Fibres to India

In 2023, India imported approximately 23.95 million kilograms of polyester yarn mixed mainly with artificial staple fibers. The forecast for 2024 predicts a 3.18% increase to 24.713 million kilograms. A consistent upward trend is projected with annual growth rates approximately 3.6%, reaching 28.182 million kilograms by 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be around 3.35%, indicating steady market expansion.

Future trends to watch for include:

  • The impact of technological advancements on production efficiency in India's textile sector, potentially affecting import needs.
  • Changes in global trade policies which might influence sourcing strategies and pricing of polyester yarn.
  • Shifts in consumer demand toward sustainable and eco-friendly fibers that could affect synthetic yarn imports.

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