In 2023, the import of man-made filament yarn to India stood at a certain base value. The forecast predicts a steady decline in imports valued at 386.7 thousand USD in 2024 to 331.53 thousand USD by 2028, indicating a downward trend. The year-on-year analysis shows a consistent decrease, with imports shrinking by approximately 3.7% annually.
Looking ahead, several factors may influence future trends:
- Economic adjustments and trade policies between India and exporting countries.
- Technological advancements in domestic filament yarn production.
- Changes in domestic demand for man-made filament yarn.
