The forecasted import value of knitted or crocheted women's and girls' skirts of wool or fine animal hair to India is expected to decline steadily from 2024 to 2028. In 2023, the import value stood at approximately 3.70 thousand US dollars, which represents a gradual downward trend predicted over the subsequent years. Year-on-year percentage decline from 2024 through 2028 suggests a consistent drop in demand or a shift towards substitutes. The compound annual growth rate (CAGR) reflects a calculated average annual decrease of around 8.8% over the specified five-year period.

Future trends to watch for include:

Potential impact of changing fashion trends in India that might renew interest in wool-based skirts.
Trade policy alterations that could affect import tariffs and competitive pricing.
Economic factors such as exchange rates and disposable income changes impacting consumer spending on luxury goods.
Increasing preference for sustainable and ethically sourced wool, potentially revamping interest in these imports.