The import value of jute and other textile bast fibres tow to India is projected to see a consistent increase from 2024 to 2028. With 2023 as the reference, there is an upward trend in imports, with an annual growth rate ranging between 3.8% and 3.3% for the period analyzed. The cumulative average growth rate (CAGR) over the five-year period stands at a stable 3.5%, indicating steady demand in the industry.

Future trends to watch for include:

Potential trade policy changes that could affect import tariffs and quotas.
The impact of sustainable textile production on fiber demand.
Innovations in textile technology that might influence material preferences.
Shifts in global supply chains and their effects on import capabilities and costs.