The import of degreased wool other than shorn to India is projected to increase steadily from 50.046 million kilograms in 2024 to 52.414 million kilograms by 2028. This indicates a consistent year-on-year growth, with percentage increases reflecting a stable demand. The Compound Annual Growth Rate (CAGR) for this period will show a moderate upward trajectory, reinforcing steady growth in this market segment. As of 2023, the import volume stood at a slightly lower figure, signifying an upward trend going forward.

Future trends to watch for include:

Impact of domestic wool production changes on import needs.
Shifts in global wool supply chains affecting availability and pricing.
Potential regulatory changes influencing import tariffs and trade agreements.
Technological advancements in textile manufacturing that may affect wool demand.