In 2023, the import of felt not of wool or fine animal hair to India stood at 808.5 thousand kilograms. The forecasted data from 2024 to 2028 shows a steady upward trend, with imports expected to grow from 836.48 thousand kilograms in 2024 to 948.59 thousand kilograms in 2028. This represents an overall increase driven by a CAGR of approximately 3.25% over the five-year period.
Key trends to watch for in the future include:
- Impact of global trade policies on import volumes.
- Technological advancements influencing textile industry demand.
- Fluctuations in raw material prices affecting import stability.
Latest reports
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