In 2023, the import of not carded or combed staple fibres of polyesters to India stood at 142.55 million US dollars. The forecast from 2024 to 2028 shows a steady increase, starting at 147.93 million in 2024 and reaching 169.28 million by 2028. Year-on-year growth rates are projected as follows: 3.85% in 2025, 3.52% in 2026, 3.33% in 2027, and 3.15% in 2028. The compound annual growth rate (CAGR) for this period is approximately 3.42%, indicating stable growth.
Future trends to watch for:
- Impact of global polyester market dynamics on import volumes and values.
- Changes in domestic demand due to shifts in the Indian textile and apparel industry.
- Policies or trade agreements affecting India's polyester imports.