In 2023, the import of yarn of jute or textile bast fibres multiple (folded) or cabled to India was 35.326 million kilograms. The forecasted data for 2024 shows an increase to 37.068 million kilograms, resulting in a year-on-year growth of approximately 4.93%. For 2025, a projected 38.881 million kilograms marks an annual increase of about 4.89%. Continuing, 2026 anticipates reaching 40.657 million kilograms, again showing a similar growth rate. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.48%, demonstrating robust demand.
Future trends to watch for include the impact of domestic textile manufacturing capabilities on import levels, fluctuations in global jute production and prices, and potential trade policy changes impacting import-export dynamics. These factors will be pivotal in shaping the import quantities over the forecasted years.
