In 2023, the import value of non-knitted or crocheted men's and boys' trousers and shorts of wool or fine animal hair to India stood at approximately USD 1.75 million. From 2024 through 2028, forecast data suggest a stable upward trend with the import value predicted to grow from USD 1.8154 million in 2024 to USD 2.0701 million in 2028, indicating robust demand. The year-on-year increase varies between 3.62% and 3.08%, while the 5-year CAGR is around 3.36%, illustrating consistent annual growth.
Future trends to watch:
- Global economic conditions impacting trade relations and import patterns.
- Shifts in consumer preferences toward sustainable and ethical fashion.
- Influence of trade agreements or tariffs affecting cost and demand.
