In 2023, the import of knitted or crocheted women's and girls' dresses of wool or fine animal hair to India stood at *** (actual value of 2023 is not provided). From 2024 to 2028, a decreasing trend is observed with imports forecasted to drop yearly from 315.46 to 289.49 kilograms. This shows a reduction over five years, with an average Compound Annual Growth Rate (CAGR) of approximately -1.70%.
Key trends to watch for in the future include:
- Shifts in consumer preference towards sustainable and local products, possibly impacting international imports.
- Trade policy changes and impacts from geopolitical events affecting import dynamics.
- Market demand fluctuations driven by fashion trends and economic conditions influencing the purchase of premium imported wool dresses.