The import of knitted or crocheted bed linen to India is forecasted to decrease steadily from 2024 to 2028. The value in 2024 is $233.87 thousand, which declines annually, reaching $211.9 thousand by 2028. This represents a continuous downward trend in the import value over the forecasted period.
Year-on-year percentage variations indicate a consistent reduction in import values:
- 2025: -2.42%
- 2026: -2.43%
- 2027: -2.44%
- 2028: -2.45%
The compound annual growth rate (CAGR) over the 5-year period (from 2024 to 2028) is approximately -2.43%, reflecting a sustained annual decrease in import values.
As of 2023, the import value stood at $239.64 thousand. With the observed downward trend, it is essential to monitor future trade policies, fluctuations in domestic production, and changes in consumer preferences, which could influence import dynamics significantly.
