The forecasted import of carded or combed silk waste to India reveals a steady declining trend from 2024 to 2028, starting at 74.57 thousand kilograms in 2024 and reducing to 67.52 thousand kilograms in 2028. This trajectory indicates a consistent decrease of approximately 2.7% per annum. In contrast, data from 2023, the baseline for this forecast, showcases the departure point before this negative growth pattern.
Future trends to monitor include:
- Changes in domestic silk production, as such shifts may impact the demand for imported silk waste.
- Global silk market dynamics, especially changes in major exporting countries' policies or economic conditions.
- Technological advancements in silk waste processing, potentially altering import requirements.
